AdEPT Telecom plc Issue of equity and total voting rights (3484X)
February 20 2017 - 9:45AM
UK Regulatory
TIDMADT
RNS Number : 3484X
AdEPT Telecom plc
20 February 2017
AdEPT Telecom Plc
("AdEPT Telecom" or the "Company")
Issue of equity and total voting rights
AdEPT Telecom, one of the UK's leading independent providers of
unified communications solutions, announces that it has issued
32,143 Ordinary Shares of 10p each at an exercise price of 140p per
share pursuant to the exercise of options under the EMI Share
Option Scheme August 2013 ("the New Ordinary Shares").
Application has been made for the New Ordinary Shares, which
rank pari passu with the Company's existing ordinary shares, to be
admitted to trading on AIM ("Admission"). It is anticipated that
Admission will be effective on 24 February 2017.
Following the issue of the New Ordinary Shares, the Company's
share capital consists of 22,516,251 ordinary shares with voting
rights. The Company does not hold any ordinary shares in treasury.
Therefore, the total number of voting rights in the Company is
22,516,251. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
For more information please contact:
AdEPT Telecom Plc
Roger Wilson, Chairman 07786 111 535
Ian Fishwick, Chief Executive 01892 550 225
John Swaite, Finance Director 01892 550 243
Northland Capital Partners Limited
Nominated Adviser
Edward Hutton/Gerry Beaney
Broking
John Howes 020 3861 6625
About AdEPT Telecom plc:
AdEPT Telecom plc is one of the UK's leading independent
providers of unified communications solutions. The Company provides
a complete communications portfolio of fixed line calls, line
rental, mobile, IP telephony, equipment installation, managed
services, IT services, Wi-Fi, IT and communications hardware and
data connectivity products. AdEPT's tailored services are used by
thousands of customers across the UK and are brought together
through the strategic relationships with tier-1 suppliers such as
BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and
Apple.
AdEPT is listed on the London Stock Exchange (Ticker: ADT). For
further information please visit: www.adept-telecom.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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