1 Feb 2017 07:00
1 February 2017
Better Capital PCC Limited
(the "Company")
Total Voting Rights
In accordance with 5.6.1 of the Disclosure and Transparency Rules, the Company notifies the market of the following:
The Company's issued share capital consists of 206,780,952 ordinary shares in the 2009 Cell ("2009 Shares") and 318,052,242 ordinary shares in the 2012 Cell ("2012 Shares"). Under the Company's articles of incorporation, at any general meeting of the Company:
· each holder of 2009 Shares who is present in person shall have one vote and on a poll the vote shall be weighted where a vote cast in relation to each 2009 Share shall count as 1.1096 towards the total number of votes cast; and
· each holder of 2012 Shares who is present in person shall have one vote and on a poll the vote shall be weighted where a vote cast in relation to each 2012 Share shall count as 0.9770 towards the total number of votes cast.
The figure which may be used by the 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, Better Capital Limited under the FSA's Disclosure and Transparency Rules, is the aggregate of the number of votes capable of being cast on a poll, namely 540,181,185. This is calculated as 206,780,952 2009 Shares multiplied by 1.1096 plus 318,052,242 2012 shares multiplied by 0.9770.
Similarly, to calculate the numerator, Shareholders should multiply their holding of the 2009 Shares by 1.1096 and multiply their holding of the 2012 Shares by 0.9770. The aggregate sum of those calculations will result in the relevant number of voting rights for the numerator.
Defined terms used in this announcement shall (unless the context otherwise requires) have the same meanings set out in the Company's prospectus dated 29 July 2013.
For further information, please contact:
Better Capital PCC Limited
Laurence McNairn (Administrator and Company Secretary) +44 (0)1481 716 000
Better Capital LLP
Bonnie Kraus (Director of Finance and Investor Relations) +44 (0)20 7440 0840
Powerscourt
Justin Griffiths +44 (0)20 7549 0999
Numis Securities Limited
Nathan Brown +44 (0)20 7260 1000