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19 Aug 2015 07:00

RNS Number : 4223W
Toumaz Limited
19 August 2015
 



19 August 2015

 

Toumaz Limited

 

Total Voting Rights

 

Issue of Equity in relation to Deferred Consideration

 

Toumaz Limited (AIM: TMZ, 'Toumaz' or 'the Company') announces that pursuant to the terms of the Acquisition Agreement (as defined in the Company's announcement of 3 July 2012), Toumaz has issued 1,853,432 new ordinary shares of 0.25p each ("Ordinary Shares") in settlement of deferred consideration due under the Acquisition Agreement.

 

The Company has applied for these 1,853,432 new Ordinary Shares ("New Shares") to be admitted to trading on AIM, which is expected to occur on 20th August 2015.

 

Following the admission to trading of the New Shares, Toumaz will have a total issued share capital of 1,704,779,379 Ordinary Shares.

 

There are 105,300,174 Ordinary Shares held jointly by the Employee Benefit Trust and participants for the purposes of the Company's joint share ownership plan in relation to which all voting rights have been waived.

 

Therefore, the total number of voting rights in the Company is 1,599,479,205. 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 FCA's Disclosure and Transparency Rules.

 

For Further Enquiries: 

 

Toumaz Limited

+44 (0) 207 391 0630

Anthony Sethill, Chief Executive Officer

Jonathan Apps, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker)

+44 (0) 207 418 8900

Richard Kauffer

Instinctif Partners

+44 (0) 207 457 2020

Adrian Duffield/Chantal Woolcock

 

About Toumaz (www.toumaz.com)

Toumaz Limited is a pioneer in low-power, wireless semiconductor and software technologies for healthcare and consumer audio. The company has two divisions, Sensium Healthcare and Frontier Silicon. Sensium Healthcare develops wireless solutions for patient monitoring. Frontier Silicon provides chips, modules and software for digital radio and connected audio devices.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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