ARC Arcontech Group Plc

TIDMARC

RNS Number : 2987H

Arcontech Group PLC

16 August 2016

ARCONTECH GROUP PLC

("Arcontech", the "Company" or the "Group")

Issue of Equity

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has applied to the London Stock Exchange for 4,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares are being issued subsequent to an exercise of options over Ordinary Shares by an employee of the Company, at a price of 0.125p.

It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 22 August 2016. On Admission the Company's issued share capital will comprise 1,540,672,013 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 1,540,672,013. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
 Arcontech Group plc 
 Richard Last, Chairman and 
  Non-Executive Director           07713 214484 
                                   020 7256 
 Matthew Jeffs, Chief Executive     2300 
 
 finnCap Ltd (Nomad & Broker) 
                                   020 7220 
 Carl Holmes/Simon Hicks            0500 
 
 

To access more information on the Group please visit: www.arcontech.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOELIFEATIIRLIR

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August 16, 2016 05:51 ET (09:51 GMT)

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