Conversion of Loan and Issue of Equity

RNS Number : 5244E

Energiser Investments PLC

19 July 2016

 

Energiser Investments plc

 ("Energiser" or the "Company")

Conversion of Loan, Issue of Equity and Change of Registered Office

Energiser Investments plc announces that, following shareholder approval at a general meeting held on 30 June 2016, it has issued (subject to admission) 17,375,000 new ordinary shares at a price of 2p per share ("Conversion Shares") in satisfaction of  indebtedness of £347,500 owed by it to Highlands Village Limited.

Application will be made to the London Stock Exchange for the Conversion Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM, and admission is expected to become effective on or around 25 July 2016.

Following the issue of the Conversion Shares, the Company's issued ordinary share capital will comprise 61,162,956 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 61,162,956. 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.

The Company further announces that its registered office has changed to Decimal Place, Chiltern Avenue, Amersham, Buckinghamshire HP6 5FG.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Energiser Investments plc Nishith Malde	[phone]
Cairn Financial Advisers LLP Jo Turner / Sandy Jamieson	[phone]

 

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