EXERCISE OF SHARE OPTION

RNS Number : 4716B

Acal PLC

17 June 2016

 

17 June 2016

Acal plc

EXERCISE OF SHARE OPTION

Acal plc (LSE:ACL, the "Company") announces that application has been made to the UK Listing Authority and the London Stock Exchange for a listing of 34,762 ordinary shares of 5 pence each in the Company ("Ordinary Shares"). These new Ordinary Shares are being issued and allotted pursuant to the Company's 2008 Long Term Incentive Plan and will rank equally with the existing issued Ordinary Shares.

Following Admission, which is expected to take place on 21 June 2016, the total number of shares in issue and voting rights in the Company will be 64,247,330 Ordinary Shares. There are no shares held in treasury.

The above figure (64,247,330) 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 Financial Conduct Authority's Disclosure and Transparency Rules.

For further information please contact:

Acal plc

Gary Shillinglaw: Group Company Secretary   01483 544500

Notes to Editors:

About Acal plc

Acal is a leading  international supplier of customised electronics to industry. It designs, manufactures and distributes customer-specific electronic products and solutions to 20,000 industrial manufacturers and is listed on the London Stock Exchange (LSE: ACL).

It has two divisions : Design & Manufacturing and Custom Distribution. The majority of its sales comes from products and solutions which are created specifically for a customer.  Acal works across a range of technologies, namely Communications & Sensors, Power & Magnetics, Electromechanical & Shielding,  Embedded Systems and Photonics & Imaging.

Acal operates through the following wholly-owned businesses : Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel, Plitron, RSG, Stortech and Vertec. It has operating companies and manufacturing facilities in a number of markets, including the UK, Germany, France, the Nordic region, Benelux, Italy, Poland, Slovakia and Spain, as well as in Asia (China, India, South Korea, Sri Lanka,  and Thailand), North America  (the US and Canada) and South Africa.

 

END

 

 

MSCAKADKABKDAAD