Issue of Equity

RNS Number : 8378B

Malvern International PLC

25 September 2018

 

25 September 2018

MALVERN INTERNATIONAL PLC

("Malvern" or the "Company")

Conversion of Loan Notes and Issue of Equity

Malvern International plc (AIM: MLVN), the provider of educational services in the UK, Europe and Asia, announces that it has issued and allotted 4,637,960 new ordinary shares of 1p each pursuant to the conversion of £231,898 of the convertible loan notes held by KSP Investments Pte Limited ("KSP") (the "Loan Note Conversion"). Application has been made for the 4,637,960 new ordinary shares arising pursuant to the Loan Note Conversion to be admitted to trading on AIM ("Admission"). Dealings are expected to commence on 01 October 2018. Following the Loan Note Conversion there are no outstanding convertible loan notes that are held by KSP.

In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Company confirms that following this Loan Note Conversion its issued share capital comprises 243,426,293 Ordinary Shares of 1p each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 243,426,293. 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

ENDS

Enquiries:

Malvern International PLC		www.malverninternational.com
Dr. Sam Malafeh - CEO Navin Khattar - Non-Executive Director		Via Walbrook PR
WH Ireland Limited (NOMAD)		Nominated Adviser & Broker
Mike Coe		[phone]
Walbrook PR
Tom Cooper / Paul McManus		[phone]
		[phone]     [e-mail]

 

END

 

 

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