Willec20 May 2018 14:44
Shareholders approved Resolution 8 concerning the Share Consolidation. Accordingly the�7,860,915,400 Existing Ordinary Shares have now been subject to a 100:1 consolidation and the Company has issued and allotted 78,609,154 New Ordinary Shares to shareholders. Application has been made the 78,609,154 New Ordinary Shares to be admitted to trading on AIM and admission is expected on 8.00am on 21 May 2018.
Total Voting Rights
Following the issue of the Placing Shares and the Share Consolidation, the Company's issued share capital will comprise 104,063,699 ordinary shares of one pence each. The total number of voting rights in the Company will be 104,063,699. This figure 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, the share capital of the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.