23 Apr 2009 07:00
Cello Group plc
(the "Company")
Additional listing / TVR
The Company announces that on 22 April 2009 it resolved to issue 285,735 new ordinary shares of 10p each ("Ordinary Shares") following the exercise of an option by the Company, contained in the share purchase agreement with the vendor of Rosenblatt Limited, to purchase all of the remaining shares in Rosenblatt Limited. Application has been made for these shares to be admitted to trading on AIM and admission is expected to occur on 28 April 2009.
The shares are subject to a full trading lock-in for a year, and a sliding lock-in for the following two years.
The Company's issued share capital, following this issue of 285,735 Ordinary Shares, will be 58,318,405 Ordinary Shares. The new Ordinary Shares will rank from admission pari passu in all respects with the existing Ordinary Shares in issue. The Company holds 237,000 Ordinary Shares in treasury at the date of this announcement. The total number of current voting rights in the Company will therefore be 58,081,405 shares.
The above figure (58,081,405 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 FSA's Disclosure and Transparency Rules.
Enquiries:
Cello Group plc Mark Bentley, Group Finance Director 020 7812 8460
Singer Capital Markets Limited Nick How 020 3205 7500