21 Mar 2017 16:11
21 March 2017
SDL PLC
("the Company")
Application for Listing
Application has been made to the UK Listing Authority and the London Stock Exchange for admission to (i) the Official List and (ii) trading on the London Stock Exchange's markets of 40,622 Ordinary Shares of 1p each ("New Ordinary Shares").
The New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares in issue, will be issued as consideration shares to satisfy the second contingent earn out payment due to the vendors pursuant to the sale and purchase agreement in respect of the acquisition of GYPE BV by the Company on 1 January 2015.
It is expected that admission will become effective on 27 March 2017.
Enquiries:
Pamela Pickering
Company Secretary
Tel: 01628 417241