Issue of Equity

RNS Number : 0172R

Adams PLC

08 September 2014

 



Adams Plc

("Adams" or the "Company")

Issue of Equity

The Board of Adams announces that the Company has issued 2,375,000 new Ordinary Shares in the Company pursuant to the exercise of warrants.

Application has been made for the 2,375,000 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on or around 11 September 2014.  The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.  Following the issue of the new Ordinary Shares outlined above, there will be 23,094,798 Ordinary Shares in issue.  This number 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 in their interest in, the share capital of the Company.

For further information, please contact:

Adams plc
Nicholas Nelson	Tel:  [phone]
Nomad
Cairn Financial Advisers LLP
Sandy Jamieson	Tel:  [phone]
Broker
Peterhouse Corporate Finance Limited
Heena Karani	Tel:  [phone]

 

END

 

 

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