Issue of Ordinary Shares

RNS Number : 4515L

Acorn Growth PLC

03 October 2016

 

For immediate release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA, SINGAPORE, HONG KONG OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

3 October 2016

ACORN GROWTH PLC

("Acorn" or the "Company")

Issue of new ordinary shares, admission to trading & total voting rights

Admission to trading on the London Stock Exchange of new ordinary shares

Acorn announces that 16,517,778 new ordinary shares of 2p each in the capital of the Company were today admitted to the standard listing segment of the Official List of the United Kingdom Authority and to trading on the London Stock Exchange's main market for listed securities.

The issue of the shares constitutes the completion of the subscription as described in the Company's announcement of 3 August 2016 and the Company's prospectus dated 28 September 2016, raising gross proceeds of £2,477,666.70.

Total Voting Rights

In accordance with DTR 5.6.1, the Company announces that following the issue of the new ordinary shares today, its issued share capital consists of 30,805,783 ordinary shares of 2p each.  The Company does not hold any ordinary shares in treasury. 

Therefore, the total number of voting rights in the Company as at the date of this announcement is 30,805,783.

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, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information: 

Acorn Growth plc

Anthony Brennan, Executive Chairman                                        Tel: [phone]

 

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