4 Jul 2013 17:26
4 July 2013
Tricorn Group Plc
("Tricorn" or the "Group")
Exercise of options
Exercise of Options
The Company announces that application has been made for the admission to trading on AIM of 100,000 new ordinary shares of 10p each in the Company ("Shares") pursuant to an exercise of options. The new Shares shall rank pari passu in all respects with the Company's existing ordinary shares and dealings are expected to commence in the Shares at 8.00 a.m. on 8 July 2013.
Total Voting Rights
Immediately following the admission of the Shares, the Company's issued share capital shall comprise 33,495,000 ordinary shares of 10p each with voting rights (which number 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 in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules).
For further information:
Tricorn Group plc | Tel +44 (0)1684 569956 |
Mike Welburn, Chief Executive | www.tricorn.uk.com |
Phil Lee, Group Finance Director | |
Westhouse Securities Limited | Tel + 44 (0)20 7601 6100 |
Tom Griffiths - Corporate Finance Henry Willcocks - Corporate Broking | |
Winningtons Tom Cooper/Paul Vann | Tel +44 (0)20 3176 4722 Mob + 44 (0)797 122 1972 Email - tom.cooper@winningtons.co.uk |
Notes to Editors:
Tricorn is a value added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy & Utilities, Transportation and Aerospace sectors.
Headquartered in Malvern, UK, Tricorn employs around 400 employees and has 5 manufacturing facilities in China, USA and UK. It operates through five brands: MTC; Redman Fittings; Maxpower; RMDG Aerospace and Franklin Tubular Products.
TCN.L (TCN)