Issue of Equity

RNS Number : 9881C

Fulcrum Utility Services Ltd

01 July 2016

 

1 July 2016

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Issue of Equity

The Company announces that following the receipt of exercise notices for employee options, it has issued 2,287,744 ordinary shares of 0.1p each in the Company ("Ordinary Shares") in accordance with the terms of the Company's Enterprise Management Incentive and Employee Shareholder Status share option plans.

Accordingly, an application has been made for the 2,287,744 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will occur at 08.00 on 5 July 2016. Following admission, the Company's issued share capital will consist of 158,675,570 Ordinary Shares. 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 under the Disclosure and Transparency Rules.

Enquiries:

Fulcrum Utility Services Limited Craig Baugh, Head of Marketing and Communications Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Oliver Baxendale (Sales) Camarco (Financial PR advisers) Ginny Pulbrook  / Tom Huddart

[phone] [phone] [phone]

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, owning and operating gas pipelines that connect properties to the main UK gas networks.

http://www.fulcrum.co.uk/

 

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