22 Nov 2016 07:00
22 November 2016
Premier Technical Services Group plc
("PTSG" or the "Company")
Issue of Equity
PTSG, the niche specialist services provider, announces that it has received notification from N+1 Singer of the exercise of 300,000 out of a total remaining 700,000 Warrants to subscribe for Ordinary Shares, as set out in the Company's AIM admission document. Consequently, the Company has issued 300,000 ordinary shares of 1 penny each ("Ordinary Shares") at the Placing Price of 52 pence per Ordinary Share.
Application has been made to the London Stock Exchange for these Ordinary Shares, which rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM on or around 25 November 2016.
In accordance with the FCA's Disclosure and Transparency Rules, following this allotment, the Company's issued share capital consists of 88,402,534 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.
The figure of 88,402,534 Ordinary Shares should 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.
Defined terms in this announcement have the same meaning as in the Company's AIM admission document dated 5 February 2015, which is available on the Company's website: www.ptsg.co.uk.
Enquiries:
PTSG | +44 (0)1977 668 771 |
Paul Teasdale
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Numis Securities | +44 (0)207 260 1000 |
Stuart Skinner / Kevin Cruickshank / Michael Burke |
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