31 Dec 2015 07:00
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 577,768 new ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"). The warrants have been exercised at a price of 22 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 8 January 2016.
The total number of Ordinary Shares in issue following Admission will be 78,089,832. Accordingly, the figure of 78,089,832 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 and Transparency Rules.
Enquiries:
Castleton Technology plc Ian Smith, Chief Executive Haywood Chapman, Chief Financial Officer | Tel. 44 (0)20 7965 8149 http://www.castletonplc.com
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finnCap Ltd Jonny Franklin-Adams / Simon Hicks | Tel. +44 (0)20 7220 0500 |
MXC Capital Markets LLP Marc Young / Charlotte Stranner | Tel. +44 (0)20 7965 8149
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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 acquisitions of Montal, Documotive, Opus, Keylogic, Brixx and Impact Applications bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com