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Issue of Equity

1 Aug 2022 12:53

RNS Number : 4797U
AssetCo PLC
01 August 2022
 

1 August 2022

LE1: 213800LFMHKVNT27GV45

 

AssetCo plc ("AssetCo" or the "Company")

Issue of Equity and Total Voting Rights

Application has been made to the London Stock Exchange for 11,068 new ordinary shares of 10p each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence on or around 8.00 a.m. on 2 August 2022.

The 11,068 new Ordinary Shares, together with cash, will be used to satisfy the options exercised by participants in the legacy River and Mercantile Group PLC SAYE Shareoption Plan.

Following Admission, AssetCo's issued share capital will consist of 14,929,297 Ordinary Shares with one voting right each. AssetCo does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in AssetCo is 14,929,297. With effect from Admission, this figure may be used by shareholders in AssetCo 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 AssetCo under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

AssetCo plc

 

Campbell Fleming, CEO

Peter McKellar, Deputy Chairman

James Thorneley, Head of Communications

Tel: +44 (0) 7958 005141

Numis Securities Limited

Nominated adviser and joint broker

Giles Rolls / Charles Farquhar

Tel: +44 (0) 20 7260 1000

Panmure Gordon (UK) Limited

Joint broker

Charles Leigh-Pemberton / Atholl Tweedie / Gabriel Hamlyn

Tel: +44 (0) 20 7886 2906

Maitland/AMO

Neil Bennett

Rachel Cohen

Tel: +44 (0) 20 7379 55151

For further details, visit the website, www.assetco.com

Ticker: AIM: ASTO.L

 

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