22 Mar 2019 07:00
APC Technology Group PLC
("APC" or the "Company")
Share issue
APC Technology Group PLC (AIM: APC), which provides the design, specification and distribution of specialist electronic products, component and systems, announces that it has agreed to issue 431,589 new ordinary shares of 2 pence each in the capital of the Company (the "New Ordinary Shares") at a price of 6.1 pence per New Ordinary Share in settlement of outstanding fees.
Application has been made to the London Stock Exchange plc for admission of the New Ordinary Shares to trading on AIM ("Admission"). Admission is expected to become effective and dealings in the New Ordinary Shares to commence at 8.00 a.m. on or around 25 March 2019.
Total Voting Rights
Following Admission, the total issued ordinary share capital of the Company will comprise 182,627,088 ordinary shares, each carrying the right to one vote. The New Ordinary Shares will be fully paid and will rank pari passu in all respects with the Group's existing ordinary shares.
The Company does not hold any ordinary shares in treasury and, therefore, the above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
APC Technology Group PLC +44 (0) 330 313 3220
Richard Hodgson, Chief Executive www.apcplc.com
Stockdale Securities Limited (Nominated Adviser and Broker) +44 (0)20 7601 6100
Mark Brown / Antonio Bossi / Rose Ramsden