18 Jan 2018 09:15
18 January 2018
reach4entertainment enterprises plc
("r4e" or the "Company")
Exercise of options and change to total voting rights
r4e, the transatlantic media and entertainment company, announces that the Company today agreed to issue 3,054,110 new ordinary shares of 0.5p each ("Ordinary Shares") pursuant to an exercise of options by a former employee of the Company.
Application has been made for the 3,054,110 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is anticipated that Admission will occur on or around 23 January 2018.
Total Voting Rights
Following Admission, the issued share capital of the Company will consist of 1,004,133,525 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 1,004,133,525.
The above figure 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
reach4entertainment enterprises plc | |
Marc Boyan, Chief Executive Officer | +44 (0) 20 7968 1655 |
Allenby Capital (Nominated Adviser and Broker) | +44 (0) 20 3328 5656 |
Jeremy Porter/James Reeve/Asha Chotai | |
Novella Communications (Financial PR) | +44 (0) 20 3151 7008 |
Tim Robertson/Toby Andrews |