Issued share capital

RNS Number : 1473G

Optare PLC

26 January 2010

 



Optare plc

("Optare" or the "Company")

Issued share capital

Further to the Company's announcement on 22 January 2010 regarding the issue of equity, the Company announces that 37,010,712 new ordinary shares were admitted to trading on 25 January 2010. The Company has been notified that due to an administrative error, the number of new shares issued under the Placing exceeded the Company's authority under section 570 of the Companies Act by 1,100,000 shares. This matter will be addressed, by way of a ratifying resolution, at the Company's next Annual General Meeting, which will take place no later than 30 June 2010. 

Rule 2.10 Requirement

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Company confirms that it currently has in issue 269,427,665 ordinary shares of 1p each. 

The International Securities Identification Number for the ordinary shares is GB00B2PGSY66.

 

 

Optare plc Jim Sumner - Chief Executive

Tel: [phone]

 

Cenkos Securities plc Stephen Keys/Camilla Hume

Tel: [phone]

 

 

 

 

 

END

 

 

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