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Sweett Group - Issue of Equity

RNS Number : 6730G
Sweett Group PLC
09 August 2016
 

9 August 2016

 

Sweett Group plc (the "Company")

 

Issue of Equity

 

Sweett Group (AIM: CSG), announces that on it has allotted and issued 2,711,481 new ordinary shares of 10p each in the Company ("New Ordinary Shares"), following the exercise of share options by certain employees of the Company.

 

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 10 August 2016.

 

Following Admission, the Company's enlarged issued share capital will comprise 71,392,572 ordinary shares, with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 71,392,572. This figure 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 FCA's Disclosure and Transparency Rules.

 

 

For further information, please contact:

 

 

Sweett Group plc

Patrick Sinclair, Chief Financial Officer                                   +44 (0) 20 7061 9000

Philip Watt, Company Secretary                                                                    

 

 

Stockdale Securities Limited                                                +44 (0) 20 7601 6100

Tom Griffiths

Ed Thomas

 

Camarco                                                                          +44 (0) 20 3757 4980

Billy Clegg

Georgia Mann                                                                                                                    

 

 

 

ENDS


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Sweett Group

Price: -

Market: AIM
Market Cap: -
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