Last checked at 24 Jul 2023 17:43
24 July 2023
TClarke plc
Update on Admission
TClarke plc ("TClarke", the "Group" or the "Company"), the Building Services Group, provides an update on the Admission of Ordinary Shares pursuant to the Placing and Notice of General Meeting announcement, dated 6 July 2023 (the "Placing Shares").
Following the passing of all resolutions as announced earlier today in the Result of General Meeting and Total Voting Rights announcement, the Placing Shares will, when issued, be credited as fully paid and rank pari passu in all respects with each other and with the Existing Ordinary Shares, including, without limitation, the right to receive all dividends and other distributions declared, made or paid after the date of issue.
Applications have been made to the Financial Conduct Authority (the "FCA") for admission of 8,749,337 Placing Shares to the premium listing segment of the Official List maintained by the FCA and to London Stock Exchange plc ("LSE") for admission of the Placing Shares to trading on LSE's main market for listed securities ("Admission"). Admission and settlement of the Placing Shares is now expected to take place on or around 8.00 a.m. on 26 July 2023.
Following Admission, the Company will have a total of 52,850,780 Ordinary Shares in issue. There are no Ordinary Shares held in treasury and therefore the total number of voting rights in the Company is expected to be 52,850,780. This is the figure that 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 change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
TClarke PLC | +44 (0) 020 7997 7400 |
Mark Lawrence, Chief Executive Officer Trevor Mitchell, Finance Director | http://www.tclarke.co.uk |
Cenkos Securities plc (Sole Broker) |
+44 (0) 20 7397 8900 |
Ben Jeynes / Max Gould / Hamish Waller (Corporate Finance) |
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Dale Bellis / Jasper Berry (Sales) |
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RMS Partners |
+44 (0) 20 3735 6551 |
Simon Courtenay |
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Important notices
The distribution of this Announcement and any other documentation associated with the Placing into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession these documents come should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws or regulations of any such jurisdiction. In particular, such documents should not be distributed, forwarded to or transmitted, directly or indirectly, in whole or in part, in, into or from the United States, Australia, Canada, Japan or the Republic of South Africa or any other jurisdiction where to do so may constitute a violation of the securities laws or regulations of any such jurisdiction (each a "Restricted Jurisdiction").
This Announcement is not an offer of securities for sale into the United States. The new ordinary shares to be issued pursuant to the Placing (the "Placing Shares") have not been and will not be registered under the US Securities Act 1933 as amended (the "US Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and, accordingly, may not be offered, sold, resold, taken up, transferred, delivered or distributed, directly or indirectly, within the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offer of the Placing Shares in the United States.
The Placing Shares have not been and will not be registered under the relevant laws of any state, province or territory of any Restricted Jurisdiction and may not be offered, sold, resold, taken up, transferred, delivered or distributed, directly or indirectly, within any Restricted Jurisdiction except pursuant to an applicable exemption from registration requirements. There will be no public offer of Placing Shares.
This Announcement is for information purposes only and does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in any jurisdiction and should not be relied upon in connection with any decision to subscribe for or acquire any of the Placing Shares (as the case may be). In particular, this Announcement does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in the United States.