1 Jul 2015 17:31
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
TOTAL VOTING RIGHTS
Tungsten notifies the market that, following the placing of new ordinary shares during June, the Company's issued share capital as at close of business on 30 June 2015 was 125,405,397 ordinary shares of £0.00438 each. The Company does not hold any ordinary shares in treasury.
Therefore, as at 1 July 2015, the total number of voting rights in the Company is 125,405,397.
Shareholders may use this figure 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 and Transparency Rules ("DTR").
This announcement is in conformity with DTR 5.6.1.
Enquiries:
Tungsten Corporation plc Edmund Truell, Group CEO Juliana Wheeler, Head of Global Communications |
+44 20 7280 7901 +44 20 7280 7973 | |
Charles Stanley Securities (Nominated Adviser and Joint Broker) Marc Milmo/Dugald Carlean |
+44 20 7149 6000 | |
Canaccord Genuity Limited (Bookrunner and Joint Broker) Simon Bridges/Peter Stewart/Andrew Beswick |
+44 20 7523 8000 | |
Neustria Partners (Investors and Analysts) Robert Bailhache/Nick Henderson/Charles Gorman |
+44 20 3021 2580 | |
About Tungsten Corporation plc
Tungsten Corporation (LSE: TUNG) accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.
Buyer organisations that join Tungsten Network, the world's largest compliant electronic invoice network, can reduce their invoice-processing costs by 60%. Suppliers benefit from efficiencies, greater visibility of their invoice status and peace of mind. Tungsten offers supply chain financing through Tungsten Bank; and helps buying organisations profit by applying real-time spend analytics to its vast repository of line-level invoice data.
Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100 by connecting the world's largest companies and government agencies to their thousands of suppliers around the globe. It enables suppliers to submit tax compliant e-Invoices in 47 countries, and last year processed transactions worth over £121 billion for organisations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's, and the US Federal Government.
Tungsten Corporation joined forces with OB10 in 2013 to create the world's largest electronic trading network; and acquired DocuSphere in September 2014, a provider of accounts payable automation solutions.