Issue of Equity

RNS Number : 3757Z

Elektron PLC

13 January 2011

 

Elektron plc

("Elektron" or the "Company")

Issue of equity

The Company announces that following an exercise of options over 100,000 ordinary shares of 5 pence each in Elektron, the Company has applied for 100,000 new ordinary shares to be admitted to trading on AIM ("Admission").  The new ordinary shares will rank pari passu with the Company's existing ordinary shares and Admission is expected to become effective on 18 January 2011.

Following Admission of these new ordinary shares, the Company will have 107,308,259 Ordinary Shares in issue with each share carrying the right to one vote.  There are no shares held in Treasury.  The total number of voting rights in Elektron will therefore be 107,308,259.

The above figure of 107,308,259 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 in their interest in, Elektron, under the Disclosure and Transparency Rules.

For further information:

Elektron PLC	Tel. [phone]
Geoff Spink, Group Finance Director
finnCap	Tel. [phone]
Ed Frisby/ Rose Herbert - Corporate Finance
Simon Starr - Corporate Broking
Threadneedle Communications	Tel. [phone]
Josh Royston
Hilary Millar

 

END

 

 

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