TIDMPHD

RNS Number : 2074Z

PROACTIS Holdings PLC

13 March 2017

13 March 2017

PROACTIS Holdings PLC

Issue of equity

and Total Voting Rights

PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the specialist Spend Control software provider, today announces that 1,500 ordinary shares of 10p each in the share capital of the Company ("Ordinary Shares") have been issued and allotted pursuant to the exercise of share options by an employee.

Application will shortly be made for the 1,500 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 17 March 2017. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 50,173,546. Accordingly, the figure of 50,173,546 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 and Transparency Rules.

Enquiries:

 
 PROACTIS Holdings PLC 
 Rod Jones, Chief Executive Officer               Via Redleaf Communications 
  Tim Sykes, Chief Executive Officer Designate 
 Redleaf Communications 
 Rebecca Sanders-Hewett 
  Sarah Fabietti 
  Sam Modlin                                      0207 382 4730 
 
 finnCap Limited 
  Stuart Andrews/Carl Holmes/Emily Watts - 
  Corporate Finance 
  Stephen Norcross - Corporate Broking            0207 220 0500

Notes to Editors:

PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is used in approximately 800 organisations around the world from the commercial, public and not-for-profit sectors.

PROACTIS is head quartered in Wetherby, West Yorkshire. It develops its own software using an in-house team of developers and sells through both direct and indirect channels via a number of Accredited Channel Partners.

PROACTIS floated on the AIM market of the London Stock Exchange in June 2006.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2017 03:00 ET (07:00 GMT)

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