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3 Jun 2016 14:42
3 June 2016
Cello Group plc
("Cello" or the "Company")
Additional listing / TVR
The Company announces that on 3 June 2016 it resolved to issue 226,642 new ordinary shares of 10p each ("Ordinary Shares") to vendors of a business previously acquired by the Group. These Ordinary Shares are to be issued pursuant to the share purchase agreement in relation to Opticomm Media Limited.
Application has been made for the 226,642 new Ordinary Shares to be admitted to trading on AIM and admission is expected to occur on 9 June 2016. The Company's issued Ordinary Share capital, following the admission of the 226,642 new Ordinary Shares, will be 87,198,465 Ordinary Shares, all with voting rights. The Company holds 453,000 Ordinary Shares in treasury at the date of this announcement. The total number of current voting rights in the Company will therefore be 86,745,465 shares.
The above figure (86,745,465 Ordinary Shares) may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Contacts:
Cello Group 020 7812 8460
Mark Scott, Chief Executive
Mark Bentley, Finance Director
Cenkos Securities 0207 397 8900
Bobbie Hilliam
Harry Pardoe
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