20 Nov 2017 11:00
20 November 2017
Castleton Technology plc
("Castleton", the "Group" or the "Company")
Exercise of Warrants / Issue of Equity
Castleton Technology plc (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, announces that following an exercise of warrants by a warrant holder, it has allotted 175,000 new ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"). The warrants have been exercised at a price of 8 pence per Ordinary Share.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on 24 November 2017.
The total number of Ordinary Shares in issue following Admission will be 78,889,832. Accordingly, the figure of 78,889,832 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Castleton Technology plc Dean Dickinson, Chief Executive Officer Haywood Chapman, Chief Financial Officer
| Tel. +44 (0)845 241 0220
|
finnCap Jonny Franklin-Adams / Simon Hicks
| Tel. +44 (0)20 7220 0500
|
MXC Capital Markets LLP Marc Young / Charlotte Stranner
| Tel. +44(0)20 7965 1849
|
Alma PRRebecca Sanders-Hewett Helena Bogle Josh Royston | Tel. +44(0) 203 865 9668 |
About Castleton Technology plc
Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The Group is a 'one stop shop', providing integrated housing systems via the Cloud, working in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.