Issue of Equity

RNS Number : 3456B

Avacta Group PLC

06 January 2015

 



Avacta Group plc

("Avacta", the "Group" or the "Company")

Issue of Equity

Avacta Group plc (AIM: AVCT), a global provider of research reagents, consumables and equipment to the life sciences and animal care markets, today announces that 7,500,000 Ordinary Shares of 0.1p ("new Ordinary Shares") have been issued by the Company pursuant to the exercise of share options.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 9 January 2015.

The total number of Ordinary Shares in issue following the above issue will be 4,975,149,550 each with voting rights.  No Ordinary Shares are held in Treasury.

The above figure of 4,975,149,550 shares 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.

Avacta Group plc	www.avacta.com
Alastair Smith, Chief Executive Officer	Tel:  [phone]
Tim Sykes, Chief Financial Officer
Numis Securities Limited	Tel:  [phone]
Michael Meade / Freddie Barnfield (Nominated Adviser)
James Black  (Corporate Broking)
Walbrook PR Limited	Tel: [phone] or [e-mail]
Mike Wort	Mob: [phone]
Anna Dunphy	Mob: [phone]

Avacta Group plc is a global provider of research reagents, consumables and equipment to the life sciences and animal care. Avacta operates through three divisions:

Avacta Life Sciences www.avactalifesciences.com	Novel non-antibody affinity reagents called Affimers, with a wide range of Life Science applications in diagnostics, drug and biomarker discover and biotech research and development.
Avacta Animal Health www.avactaanimalhealth.com	Veterinary diagnostics reference laboratory services, SensiTest, and diagnostic kits, SensiPak.
Avacta Analytical www.avactaanalytical.com	High throughput analysis instrument, Optim, to help reduce the cost and risk of drug development.

Avacta joined AIM in August 2006 and is based in Wetherby, England.

 

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