Issue of Equity

RNS Number : 9761J

Arcontech Group PLC

03 July 2017

 

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 30,952 ordinary shares of £0.125 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 7 July 2017. On Admission the Company's issued share capital will comprise 12,501,407 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 12,501,407. 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	020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive
finnCap Ltd (Nomad & Broker)	020 7220 0500
Carl Holmes/Simon Hicks

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

 

END

 

 

IOELLFIEDDIVIID