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Issue of Equity

18 Mar 2016 15:11

RNS Number : 6283S
Rotala PLC
18 March 2016
 

18 March 2016

 

Rotala plc

("the Company")

 

 

Issue of Ordinary Shares

 

The Company has issued 4,493 ordinary shares of 25p each ("Ordinary Shares"), following the exercise of share options under the Rotala Plc SAYE Share Option Scheme. These shares come from those held in treasury.

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 24 March 2016 ("Admission"). Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

As a result of the above issue, the total number of ordinary shares held in treasury is 854,338 and the number of remaining ordinary shares in issue is 38,320,665, which is the number which may be used by shareholders 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 interests in, the Company under the FCA's Disclosure and Transparency Rules.

 

For further information please contact:

 

Rotala Plc

John Gunn, Chairman

0121 322 2222

Simon Dunn, Chief Executive

0121 322 2222

Kim Taylor, Group Finance Director

0121 322 2222

Numis Securities Limited

020 7260 1000

Richard Thomas

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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