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Velox3 PLC (VLOX)

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Wednesday 01 July, 2015

Velox3 PLC

Directors dealing and issue of shares

RNS Number : 7569R
Velox3 PLC
01 July 2015
 

Velox3 Plc

(the "Company" or "Velox3")

 

Directors dealing and issue of shares

 

Following the announcement of 16 February 2015, the Company announces that it has issued to Non-Executive directors, the Executive director and other members of the management team 4,555,083 new ordinary shares of no par value ("Ordinary Shares") in lieu of all fees outstanding to them at a price of 3.5p per share.

 

Application has been made for admission to trading on AIM ("Admission") of the 4,555,083 new Ordinary Shares. The new Ordinary Shares will rank pari passu with all existing Ordinary Shares and it is expected that Admission will occur on or around 6 July 2015.

 

As a result of the issue of the new Ordinary Shares, the following directors' holding in the share capital of the Company will be as follows:

 

 

 

 

Resulting total holding in the Company's share capital

Director

Number of new Ordinary Shares subscribed for

Ordinary Shares (directly and indirectly held)

As a percentage of the issued share capital

David Mathewson

1,247,618

1,905,788

1.0%

Rogier Smit

1,579,808

16,579,809

8.6%

Mark Rosman

740,788

8,327,038

4.3%

 

 

Total voting rights

 

Following Admission the Company's issued share capital will comprise 193,031,360 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company 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 and Transparency Rules.

 

 

 

For further information please contact:

 

Velox3 plc

+31 (0)20 775 0910

David Mathewson, Executive Chairman


Rogier Smit, COO


 

Westhouse Securities


Antonio Bossi

 

+44 (0)20 7601 6100


 

 

 


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