Issue of Equity and Total Vot

RNS Number : 4427Z
James Halstead PLC
13 January 2011
 



13 January 2011

 

James Halstead plc ("James Halstead" or the "Company")

 

Issue of Equity and Total Voting Rights

 

Pursuant to the authority granted to the Company at its Annual General Meeting on 3 December 2010, the Company confirms that it will on 14 January 2011 issue 51,941,434 ordinary shares of 5p each ("Ordinary Shares") by means of a bonus issue. One new Ordinary Share will be issued for every existing Ordinary Share held as at 13 January 2011. In addition, 1,000,000 new Ordinary Shares have been issued under the Company's blocklisting in relation to the James Halstead Group Share Option Plan (1998). Application has been made for admission to trading on AIM of the new Ordinary Shares.

 

Following this issue of equity, James Halstead's capital will consist of:

 

·    103,882,868 ordinary shares of 5p each with voting rights;

·    200,000 5.5% cumulative preference shares with no voting rights (except in the case that payment of a dividend is over six months in arrears); and

·    16,042,530 'B' shares of 1p each with no voting rights.

 

James Halstead does not hold any ordinary shares in Treasury.

 

Therefore, the total number of voting rights in James Halstead is 103,882,868.

 

The above figure of 103,882,868 may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, James Halstead under the FSA's Disclosure and Transparency Rules.

 

Enquiries:

 

James Halstead plc

Malcolm Shilton

Company Secretary

 

Tel: 0161 767 2500

 

Altium

Ben Thorne

Paul Chamberlain

 

Tel: 020 7484 4040

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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