RNS Number : 2470Y
28 February 2012
For immediate release 28 February 2012
("ANGLE" or the "Company")
Issue of Equity and Total Voting Rights
ANGLE plc, which focuses on the commercialisation of technology, is pleased to announce that it has now received Advanced Assurance from HMRC of eligibility for EIS and VCT relief in relation to the new ordinary shares of 10 pence each (the "Fundraising Shares") to be issued pursuant to the fundraising announced on 26 January 2012. As a result, the Company has applied for the Fundraising Shares to be admitted to trading on AIM. Admission of the Fundraising Shares to trading on AIM is expected as to 1,187,145 Ordinary shares at 8.00am on 2 March 2012 for the EIS and VCT qualifying investors and as to 528,572 Ordinary shares at 8.00am on 5 March 2012 for the other investors ("Admission").
For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the Company's total issued share capital following Admission will consist of 37,824,559 Ordinary Shares of 10 pence each, with one voting right per share. There are no shares held in treasury.
The total number of voting rights in the Company will therefore be 37,824,559.
The above figure of 37,824,559 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company, under the Disclosure and Transparency Rules.
For further information:
ANGLE plc 01483 685830
Andrew Newland, Chief Executive
Ian Griffiths, Finance Director
Stephen Keys, Adrian Hargrave (Nominated
Andy Roberts (Sales) 020 7397 8900
Mark Court, Sophie Cowles 020 7466 5000
Stephen Scott, Harry Dee 020 7653 0030
ANGLE is quoted on AIM (AGL.L); further information can be found on www.ANGLEplc.com
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