Share Split and Total Voting Rights

RNS Number : 4982P

BMO Global Smaller Companies PLC

10 October 2019

 

10 October 2019

BMO Global Smaller Companies PLC

LEI: 2138008RRULYQP8VP386

Share Split and Total Voting Rights

Further to the approval of the sub-division of the BMO Global Smaller Companies PLC  (the "Company") ordinary shares of 25p each (each an "Ordinary Share") into 10 ordinary shares of 2.5p each (each a "New Ordinary Share") at the Company's Annual General Meeting, which was held on 25 July 2019, the Company today announces further details.

The last day of trading in the existing Ordinary Shares will be 30 October 2019, following which the sub-division will take effect and it is expected that the New Ordinary Shares will be admitted to trading on the main market of the London Stock Exchange at 8.00 a.m. on 31 October 2019.

Shareholders will receive 10 New Ordinary Shares in exchange for each Ordinary Share held on 30 October 2019. CREST accounts will be credited with New Ordinary Shares on 31 October 2019 and share certificates in respect of the New Ordinary Shares are expected to be posted to shareholders in the week commencing 4 November 2019.

The New Ordinary Shares will have a new ISIN and SEDOL, as follows:

ISIN: GB00BKLXD974

SEDOL: BKLXD97

The ticker for the New Ordinary Shares will remain the same as the ticker for the Ordinary Shares (BGSC). The New Ordinary Shares will rank pari passu with each other and will be subject to the same rights and restrictions as the existing Ordinary Shares. A holding of New Ordinary Shares following the sub-division will represent the same proportion of the issued ordinary share capital of the Company as the corresponding holding of existing Ordinary Shares.

The Company currently has 60,858,333 Ordinary Shares in issue (excluding 1,195,044 held in Treasury). On this basis, in accordance with the Financial Conduct Authority's ("FCA") Disclosure Guidance and Transparency Rule 5.6, the Company advises that following the completion of the sub-division, as at 31 October 2019 the Company will have 608,583,330 ordinary shares in issue ((excluding 11,950,440 held in Treasury (assuming there are no further share issues/buybacks before 31 October 2019)). Each such ordinary share will have one vote per share.

The total number of voting rights that can be exercised in the Company will therefore be 608,583,330 (assuming there are no further share issues/buybacks before 31 October 2019).

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.

Applications are being made to the FCA to amend the Official List, and to the London Stock Exchange to amend the outstanding number of ordinary shares in issue with effect from 31 October 2019.  The Company will also be applying to the FCA to increase its blocklisting facility commensurately.

Name of contact and telephone number for enquiries:

Jan Baker

For and on behalf of BMO Investment Business Limited, Secretary

Telephone: [phone]

 

END

 

 

MSCLLFLIIDLILIA