Last checked at 28 Mar 2013 12:29
Changes in directors' interests and total voting rights
Acal plc (LSE: ACL, "Acal" or the "Company"), a leading European specialist electronics supplier, announces that the Placing announced on 8 March 2013 has completed following Admission at 8:00am today.
For the purposes of the Financial Services Authority's Disclosure and Transparency Rule 5.6.1, following the admission of 2,816,074 new ordinary shares to the premium listing segment of the Official List today, the Company's total issued ordinary share capital comprises of 31,295,878 ordinary shares of 5 pence each with one voting right per share. The Company does not hold any shares in treasury. Therefore the total number of voting rights as at 28 March 2013 in the Company is 31,295,878. The above figure may be used by shareholders 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 Financial Services Authority's Disclosure and Transparency Rules.
Further to the expected subscriptions, announced on 8 March 2013, by certain Directors through the Placing at the Placing Price, the Company has today been notified that the following Directors have subscribed for the corresponding number of Ordinary shares at a price of £2.15 per share. Following this transaction each of these individuals holds the number of Ordinary Shares listed below, representing the corresponding percentage of the existing ordinary share capital of the Company.
| Shares subscribed | Total Ordinary shares post subscription | New % shareholding |
Simon Gibbins | 9,302 | 14,365 | 0.05% |
Eric Barton | 9,000 | 30,000 | 0.10% |
Graham Williams | 200 | 1,200 |
For further information please contact:
Acal plc
Nick Jefferies - Group Chief Executive
Simon Gibbins - Group Finance Director
01483 544500
Cubitt Consulting
Gareth David
Cebuan Bliss
020 7367 5100
Notes to Editors:
About Acal plc
Acal is a European leader in advanced technology solutions, providing marketing, engineering, design, manufacturing and other services through two divisions: Specialist Electronics and Supply Chain.
The Electronics division is a leading European specialist electronics supplier and the only such provider with an infrastructure to deliver a broad complementary range of specialist products and bespoke solutions across Europe. The Electronics division has completed four acquisitions in the last three years, more than doubling its underlying Electronics revenues. Acal's long term strategy is to gain significant additional market share through both organic growth and acquisition and to further enhance its value adding capabilities. The Supply Chain division provides inventory optimisation and outsource solutions to leading technology service providers.
Acal has operating companies in the UK, Netherlands, Belgium, Germany, France, Italy, South Africa, Spain, the Nordic region and South Korea.