Arcontech Group PLC Issue of Equity (4734R)
December 09 2016 - 07:22AM
UK Regulatory
TIDMARC
RNS Number : 4734R
Arcontech Group PLC
09 December 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 25,238
ordinary shares of GBP0.125 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
17.5p.
It is expected that Admission will become effective and trading
will commence in the new Ordinary Shares at 8.00 a.m. on 15
December 2016. On Admission the Company's issued share capital will
comprise 12,391,090 Ordinary Shares, of which none are held in
treasury. Therefore the total number of Ordinary Shares in the
Company with voting rights will be 12,391,090. 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:
020 7256
Arcontech Group plc 2300
Richard Last, Chairman and
Non-Executive Director
Matthew Jeffs, Chief Executive
020 7220
finnCap Ltd (Nomad & Broker) 0500
Carl Holmes/Simon Hicks
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
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