To: RNS
Date: 7 May 2010
Company: UTILICO LIMITED
Subject: Issue of Equity
Utilico Limited ("Utilico") announces the issue and allotment of 28 ordinary shares of 10p each ("Shares"). These Shares will rank pari passu with the existing ordinary shares in issue and have been issued and allotted following the exercise of 26 (2012) Warrants on 30 April 2010. Application has been made for the Shares to be listed on the Official List and admitted to trading on the London Stock Exchange and dealings are expected to commence on 10 May 2010.
Following the exercise of the (2012) warrants, the total number of ordinary shares with voting rights in Utilico is 86,373,863. The total number of 2012 warrants in issue stands at 3,588,617.
The above figure (86,373,863) 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, Utilico under the FSA's Disclosure and Transparency Rules.
For further information contact:
Rhonda Nicoll, F&C Management Limited: 0131 718 1074