Additional Listing

RNS Number : 9193H

Cenkos Securities PLC

26 June 2013

 



26 June 2013

Cenkos Securities plc ("Cenkos" or "the Company")

Additional Listing

Application has been made for 540,000 Ordinary shares of 1 penny each in the capital of the Company to be admitted to trading on AIM, pursuant to the conversion of 540,000 B shares of 1 penny each to Ordinary shares of 1 penny each.  It is expected that dealings in these new Ordinary shares, which will rank pari passu in all respects with the existing issued Ordinary share capital of the Company will commence on 28 June 2013.

Following the conversion of these B shares to Ordinary shares the issued share capital of the Company will consist of 63,482,122 Ordinary shares of 1 penny each which are admitted to trading on AIM. This number 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 FSA's Disclosure and Transparency Rules.

For clarification purposes, the B shares were issued on a partly-paid basis to certain senior management prior to the Company's admission and trading on AIM in October 2006. Under the terms of the issue the full nominal value was paid (1 penny per share) and an undertaking was given to pay the required premium (ranging from 86.5 pence to 105.3 pence per share) by 30 June 2013. The B shares were not admitted to trading on AIM, however upon payment of the required premium the B shares would convert into Ordinary shares and an application would be made to admit the Ordinary shares to trading on AIM. The Company confirms that all the outstanding amounts due in respect of the B shares that had previously been issued have now been fully paid.

Enquiries:

Jim Durkin                                                            020 7397 8900

Chief Executive Officer

Cenkos Securities plc

Nick Donald                                                         020 7991 1504

HSBC (Nomad)                                                                 

David Rydell/Duncan Mayall                        020 7861 3232

Pelham Bell Pottinger                                                     

 

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