Rize Circular Regulatory News (CIRC)

Circle Holdings plc

("Circle" or the "Company")

Additional Listing

28 April 2017

As set out in the offer document published by DMWSL 849 Limited ("BidCo") on 4 April 2017 containing the full terms and conditions of a recommended all cash offer to be made by Bidco for all of the issued and to be issued share capital of Circle not already owned, or agreed to be acquired, by Bidco (the "Offer"), the Company announces that it has issued and allotted 2,905,181 ordinary shares of 2p each ("Ordinary Shares") conditionally upon their admission to AIM in respect of the exercise of the 2,200,000 CFO Options by Paolo Pieri and the issue of 705,181 Ordinary Shares to satisfy the corresponding subscription of Ordinary Shares by the Circle Trustee pursuant to the Circle Trust Relationship Agreement. Paolo Pieri and the Circle Trustee have agreed to accept the Offer in respect of these Ordinary Shares pursuant to the terms of the irrevocable undertakings they previously gave to BidCo. 

Accordingly, an application has been made for 2,905,181 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 2 May 2017.

The new Ordinary Shares will rank pari passu with the existing shares of the Company.

Following Admission, the Company's enlarged issued share capital will comprise 250,702,369 Ordinary Shares with one voting right per share. No shares are held in Treasury. The total number of voting rights in the Company is therefore 250,702,369.

This figure of 250,702,369 Ordinary Shares may be used by shareholders in the Company 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 the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Circle Holdings plc +44 (0)20 7034 5258

Michael Kirkwood, ChairmanPaolo Pieri, Chief Executive Officer

Alex Singleton, Head of Communications and Marketing

Numis Securities Limited +44 (0)20 7260 1000

Michael Meade, Richard Thomas Nominated Adviser

Ben Stoop Corporate Broking

About Circle

Established in 2004, Circle Holdings plc is an employee co-owned group dedicating to empowering clinicians and healthcare professionals to redefine the delivery of healthcare in the UK. Circle's NHS and independent healthcare operations include two independent hospitals, Circle Bath and Circle Reading, the Nottingham NHS Treatment Centre, and the management of integrated musculoskeletal (MSK) services on behalf of local commissioners in Bedfordshire and Greenwich. Circle is currently building its latest state-of-the-art independent hospital in Birmingham.

For more information please visit www.circleholdingsplc.com and www.circlehealth.co.uk