18 Aug 2017 12:50
RNS
18 August 2017
Rotala Plc
("Rotala" or the "Company" or the "Group")
Result of General Meeting and Issue of Equity
Further to its announcement on 28 July 2017 regarding a Placing and Subscription to raise £3.5 million (before expenses) to fund acquisitions, Rotala announces that all Resolutions put to Shareholders at the General Meeting held today were duly passed.
Accordingly, an application has been made to the London Stock Exchange for the admission of the 2,500,002 Placing Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur and that dealings in the Placing Shares will commence at 8.00 a.m. on 21 August 2017. Following Admission, the Company will have 48,026,580 Ordinary Shares in issue carrying voting rights, which excludes 854,338 shares currently held in Treasury that do not carry voting rights.
Unless otherwise defined, capitalised terms in this announcement shall have the same meaning as those within the 'Definitions' section of the Company's RNS released on 28 July 2017.
Rotala Plc | 0121 322 2222 |
John Gunn, ChairmanSimon Dunn, Chief ExecutiveKim Taylor, Group Finance Director | |
Nominated Adviser & Joint Broker: Cenkos Securities plc |
020 7397 8900 |
Stephen Keys/Mark Connelly/Callum Davidson (Corporate Finance)Michael Johnson/Julian Morse (Corporate Broking) | |
Joint Broker: Dowgate Capital Stockbrokers Ltd | 0203 903 7715 |
David Poutney/James Serjeant (Corporate Broking) |