27 Apr 2017 07:00
27 April 2017
Learning Technologies Group plc
(AIM: LTG)
Issue of new ordinary shares and Total Voting Rights
Pursuant to the acquisition of Rustici Software LLC ('Rustici') announced on 29 January 2016, LTG has agreed the payment of deferred vendor consideration relating to the financial performance of Rustici in the year ended 31 December 2016. LTG confirms that application has been made to the London Stock Exchange for the admission of 1,931,911 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 8 May 2017.
Following the anticipated admission of these shares, the total number of ordinary shares of 0.375p each in the capital of the Company in issue will be 547,343,891 with each share carrying the right to one vote.
LTG holds 404,340 shares in treasury. The figure of 546,939,551 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.
Enquiries:
Learning Technologies Group plc Jonathan Satchell, Chief Executive Neil Elton, Group Finance Director | +44(0)207 402 1554 |
Numis Securities Limited Stuart Skinner/Michael Wharton (Nominated Adviser) Ben Stoop (Corporate Broker) | +44 (0)20 7260 1000 |
Hudson Sandler LLP Andrew Hayes/Bertie Berger | +44 (0)20 7796 4133 |
Learning Technologies Group (LTG)