2 Oct 2020 13:00
2 October 2020
For immediate release
THE INFORMATION COMMUNICATED IN THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU NO. 596/2014 ("MAR").
NEW TREND LIFESTYLE GROUP PLC
("NTLG" or "the Company" or "the Group")
(to be re-named Conduity Capital Plc)
Issue of Equity and Total Voting Rights
The Company has issued and allotted 2,125,000 ordinary shares of 1.0p each to an adviser in lieu of cash settlement for services provided to the Company with a total value of £21,250.
Application will be made for the admission to trading on AIM ("Admission") for the 2,125,000 ordinary shares. The ordinary shares will rank pari passu in all respects with the existing ordinary shares of the Company. Admission is expected at 8.00 a.m. on or around 8 October 2020.
Total Voting Rights
Following Admission, the Company's total issued share capital will comprise of 124,625,000 Ordinary Shares of 1p each. This 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, securities of the Company under the FCA's Disclosure Guidance and Transparency Rules.
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For further information please contact:
New Trend Lifestyle plc (to be re-named Conduity Capital Plc) Gregory Collier, Non-Executive Chairman
| +44 (0) 7830 182501 |
SPARK Advisory Partners Limited (Nominated Adviser) Mark Brady Neil Baldwin www.sparkadvisorypartners.com
| +44 (0) 203 368 3551 |
Peterhouse Capital Limited (Broker) Heena Karani/Lucy Williams | +44 (0) 207 496 0930 |
About NTLG
NTLG is an AIM Rule 15 Cash Shell.
Shareholders approved the change of name to Conduity Capital Plc at a General Meeting on 1 October 2020. The Company awaits confirmation of the change of name from the Registrar of Companies, when a further announcement will be made.