Issue of equity and total voting rights

RNS Number : 6189Z

Crystal Amber Fund Limited

21 September 2020

 

21 September 2020

Crystal Amber Fund Limited
(the "Company")

Issue of equity and total voting rights

Crystal Amber Fund Limited announces that further to the announcement earlier today of its results for the year ended 30 June 2020 and the proposed issue of 125,000 ordinary shares of £0.01 each ("Ordinary Shares") to five charities, application has been made to the London Stock Exchange for 125,000 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is anticipated that Admission will occur on or around 25 September 2020.

Total Voting Rights

Following Admission, the issued share capital of the Company will comprise 99,749,762 Ordinary Shares. The Company holds 8,691,195 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 91,058,567. The voting rights figure 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 Disclosure Guidance and Transparency Rules.

Commenting, Christopher Waldron, the Chairman of the Company said:  "The Fund is delighted to assist so many worthy causes and always seeks to make a positive difference, particularly at a time when the global community needs to come together. Were all listed companies to follow Crystal Amber's initiative, for a dilution of just 0.25% per annum, every year, around £4 billion pounds could be directed towards less fortunate members of society. Whilst the dilution is very modest, the impact on the genuine casualties of society could be immense. We hope that other listed companies will join us in this form of charitable giving."

For further enquiries please contact:

Crystal Amber Fund Limited

Chris Waldron (Chairman)

Tel: [phone]

Allenby Capital Limited - Nominated Adviser

David Worlidge/Liz Kirchner

Tel: [phone]

Winterflood Securities - Broker

Joe Winkley/Neil Langford

Tel: [phone]

Crystal Amber Advisers (UK) LLP - Investment Adviser

Richard Bernstein

Tel: [phone]

 

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