18 Apr 2016 11:24
CHARLES TAYLOR PLC - Additional ListingCHARLES TAYLOR PLC - Additional Listing
PR Newswire
London, April 18
Charles Taylor plc (“the Company”)
Issue of Equity
The Company announces that 58,586 Ordinary Shares of 1p each in the Company (“Ordinary Shares”) have been allotted in respect of the second annual earn-out payment to the vendors of KLA Holdings Limited and its subsidiary Knowles Loss Adjusters Limited, which the Company acquired on 14 May 2014.
Application has been made to the UK Listing Authority and the London Stock Exchange for 58,586 new Ordinary Shares to be admitted to the Official List and to trading on the Main Market. Admission of the shares is expected to occur on 21 April 2016. Following Admission, the Company will have 66,631,461 Ordinary Shares in issue with voting rights. The Company has no Ordinary Shares held in treasury, therefore the total of 66,631,461 Ordinary Shares 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 a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
For further information please contact:
Ivan Keane – Group Company Secretary and General Counsel – 020 3320 2206David Lanchester – Deputy Group Company Secretary – 020 3320 8829Charles Taylor plc
18 April 2016
Notes to Editors:
About Charles Taylor
Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,300 staff in 69 offices spread across 28 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.
The Group offers services, principally on a fee-based model and operates through three businesses – Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through select acquisitions and operational efficiency.
Further information is available at http://www.ctplc.com/.