Additional Listing

RNS Number : 2684L

Kin and Carta PLC

13 May 2022

 

13 May 2022

Kin and Carta plc

Additional listing

Kin and Carta plc (the "Company" or "Kin and Carta") announces that, pursuant to its acquisition of 100% of the issued shares of Melon AD and its subsidiaries (the "Acquisition"), as announced on 10 May 2022, an application has been made to the Financial Conduct Authority ("FCA") for the admission of a further 3,251,861 ordinary shares of 10p each to the premium listing segment of the Official List and to the London Stock Exchange for admission to trading on its main market for listed securities, relating to the initial consideration for the Acquisition (the "Consideration Shares").

The Consideration Shares are issued pursuant to the Share Purchase Agreement between the Company and the vendors of Melon AD and rank pari passu with the existing issued ordinary shares of the Company.

It is expected that admission of the Consideration Shares will become effective on 16 May 2022. 

In accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rule 5.6.1R, following this issue, Kin and Carta's issued share capital consists of 177,875,079 ordinary shares. The Company holds 90,637 ordinary shares in treasury. Therefore, the total number of voting rights (one vote per ordinary share) in Kin and Carta plc is 177,784,442. Shareholders may use this figure 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, Kin and Carta under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Kin + Carta J Schwan CEO Chris Kutsor CFO	[phone]
Powerscourt Robin O'Kelly / Jane Glover	[phone]
Numis Securities Limited Nick Westlake / Matt Lewis	[phone]
Peel Hunt LLP Edward Knight / John Welch	[phone]

About Kin and Carta

Kin + Carta is a London Stock Exchange-listed global digital transformation consultancy committed to working alongside clients to build a world that works better for everyone.

Kin + Carta's 2,000 strategists, engineers and creatives around the world bring the connective power of technology, data and experience to the world's most influential companies - helping them to accelerate their digital roadmap, rapidly innovate, modernise their systems, enable their teams and optimise for continued growth. Headquartered in London and Chicago with offices across three continents, the border-less model of service allows for the best minds to be connected to collaborate on client challenges.

With purpose at its core, Kin + Carta became the first publicly traded business on the London Stock Exchange to achieve B Corp certification as a PLC. It meets the highest standards of verified social and environmental performance, public transparency and accountability to balance the triple bottom line of people, planet and profit.

For more information, please visit https://www.kinandcarta.com .

 

 

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