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8 May 2014 11:38
8 May 2014
Chime Communications plc
("the Company")
Additional Listing
The Company announces that as a result of the achievement of the profit targets set under the original agreement to acquire pH Associates Limited, deferred consideration has become payable. In accordance with the terms of the original agreement, the Company will satisfy 20% of the total amount due with the issue of 74,776 ordinary Shares.
Application has therefore been made to the Financial Conduct Authority and the London Stock Exchange plc for 74,776 Shares to be admitted to the Official List of the UKLA and to trading on the London Stock Exchange. It is expected that the Shares will be admitted and trading will commence on 13 May 2014. The Shares will rank pari passu with the Company's existing issued Shares.
The issued share capital of the Company is currently 98,714,565 Shares each with voting rights. Therefore, following admission of the new 74,776 Shares, the issued share capital of the Company on 13 May 2014 will be 98,789,341 Shares each with voting rights.
For further information, please contact:
Mark Smith 020 7096 5833
Chief Operating Officer and Finance Director
Robert Davison 020 7096 5860
Company Secretary
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