Issue of Equity

RNS Number : 7642P

Ediston Property Inv Comp PLC

22 November 2016

 

22 November 2016

EDISTON PROPERTY INVESTMENT COMPANY PLC

ISSUE OF EQUITY

The Board announces that Ediston Property Investment Company plc ("the Company") has issued 500,000 ordinary shares of 1p each (the "New Shares") subject to listing.  The New Shares, which will rank pari passu with the Company's existing shares, are being issued at a price of 109p per ordinary share.

Applications have been made for these shares to be admitted to the Official List of the FCA and to trading on the London Stock Exchange's main market for listed securities ("Admission"). It is expected that Admission will become effective and that unconditional dealings in these shares will commence at 8.00 a.m. (London time) on 24 November 2016.

Following Admission, as a result of this allotment, the total number of ordinary shares in issue will be 128,763,931, and the total number of voting rights in the Company will be 128,763,931.

The above 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 FCA's Disclosure Guidance and Transparency Rules.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014). Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.

All Enquiries

Calum Bruce

Ediston Properties Limited

0131 225 5599

Donald Cameron

R&H Fund Services Limited

0131 550 3763

 

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