28 Jun 2018 07:00
28 June 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 issued 695,205 new ordinary shares of 0.5p each ("Ordinary Shares") pursuant to an exercise of options by a former employee of the Company (the "Options"). The Options, which had been granted pursuant to the Company's share option scheme, have been exercised at a price of 1.00p per Ordinary Share.
Application has been made for the 695,205 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is anticipated that Admission will occur on or around 2 July 2018.
Total Voting Rights
Following Admission, the issued share capital of the Company will consist of 1,005,597,052 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 1,005,597,052.
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 | +44 (0) 20 7968 1655 |
Marc Boyan, Chief Executive Officer
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Allenby Capital (AIM Nominated Adviser and Joint Broker) | +44 (0) 20 3328 5656 |
Jeremy Porter/James Reeve/Asha Chotai
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Dowgate Capital Stockbrokers (Joint Broker) | +44 (0) 20 3903 7715 |
James Serjeant
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Novella Communications (Financial PR) | +44 (0) 20 3151 7008 |
Tim Robertson/Toby Andrews |