Issue of Equity

RNS Number : 2538I

Sprue Aegis plc

29 May 2014

 



29 May 2014

Sprue Aegis plc (the "Company")

Issue of equity

The Company announces that application has been made for the admission to trading on AIM ("Admission") for 225,000 new ordinary shares of 2 pence each in the Company ("New Ordinary Shares") pursuant to the exercise of share options at an exercise price of 19.25 pence per New Ordinary Share.  Admission is expected to occur on 30 May 2014.

The New Ordinary Shares rank pari passu with the Company's existing issued ordinary shares of 2 pence each ("Ordinary Shares").  Following Admission, the Company's issued share capital will comprise 45,496,623 Ordinary Shares carrying voting rights.  This 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 in their interests in, the Company under the FCA's Disclosure and Transparency Rules. 

- Ends -

The Directors of the issuer accept responsibility for this statement.

For further information, please contact:

Sprue Aegis plc	02476 323 232
Graham Whitworth, Chairman & Group CEO John Gahan, Group Finance Director
Westhouse Securities	0207 601 6100
Tom Griffiths

Notes to Editors

About Sprue Aegis plc

Group overview

With its head office in Coventry, UK, Sprue is one of Europe's leading home safety products suppliers and manufactures one of the world's smallest carbon monoxide sensors for use in carbon monoxide alarms. Sprue designs and sells smoke and carbon monoxide alarms and other safety related products throughout Europe under the FireAngel, AngelEye, Pace Sensors, First Alert, BRK and Dicon brands. Sprue enjoys a strong European market presence, a leading UK retail footprint, is the supplier of choice to the UK's Fire and Rescue Services and continues to develop its market share in the trade sector in the UK.  Sprue has an established network of independent distributors within Continental Europe providing access into these key growth markets through local partners.

Patented technology

Sprue has patented technology in Europe, the US and other selected territories and its range of smoke and carbon monoxide alarms is independently certified to the latest European standards. For further product information, please visit: www.fireangel.co.uk or www.firstalert.eu or www.brkdicon.eu/en or www.sprue.com.

 

END

 

 

IOEAPMJTMBMTBRI