Artisanal Sp.co Regulatory News (ART)

22 Jan 2007 16:26

Artisan (UK) PLC22 January 2007 ARTISAN (UK) PLC 22 January 2007 VOTING RIGHTS, HOLDINGS IN COMPANY AND INTERIM DIVIDEND Artisan (UK) plc ("the Company") announces that, following approval by theoverwhelming majority of shareholders at the Extraordinary General Meeting on19th January 2007, its capital reorganisation has been completed, and theCompany's new Ordinary Shares have been admitted to trading on AIM today. Following the reorganisation, the Company's issued share capital comprises8,213,250 new Ordinary Shares of 20p each ("Ordinary Shares"). To complete thecapital reorganisation, the Company has bought 14,592 Ordinary Shares intotreasury at a price of £1.30 per Ordinary Share, at a total cost of £18,969.60.In accordance with the provisions of the Companies Act 1985, these treasuryshares will be treated as non-voting shares. The Company does not have anyother non-voting shares. Accordingly, the Company notifies the market, pursuant to the Disclosure andTransparency Rules, that the total number of voting shares in issue is now8,198,658 with each share having one vote, so that the total number of votingrights in the Company is 8,198,658. This figure may be used by shareholders,until further announcement by the Company, as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, the Company until the Disclosureand Transparency Rules. Under the placing agreement dated 11th December 2006 entered into in connectionwith the capital reorganisation, Aspen Finance Limited (in whose shareholding ofthe Company Michael Stevens, the Chairman of Artisan (UK) plc, has a beneficialinterest) has today purchased 618,858 Ordinary Shares at a price of £1.30 perOrdinary Share. Aspen Finance Limited now holds 2,422,908 Ordinary Shares,amounting to 29.55% of the Company's issued voting share capital or 29.5% of theissued share capital including those held as treasury stock. On 12th December 2006, the Company announced that the Directors had determinedto pay an interim dividend in respect of the current financial year ending 30thJune 2007, subject to shareholders' approval of the capital reorganisation.Following approval of that reorganisation, the Directors have declared aninterim dividend of 1.2p per Ordinary Share which will be paid on 2nd February2007 to shareholders on the Company's Register of Members on 26th January 2007. For further information please contact: Artisan (UK) plc Chris Musselle Chief Executive 01480-436666 Brewin Dolphin Securities Limited Ifor Williams Nominated advisers 0121-236-7000 Bankside Consultants Simon Rothschild Financial PR advisers 020-7367-8888 This information is provided by RNS The company news service from the London Stock Exchange