Business
Update: Admission of Consideration Shares
Update: Admission of Consideration Shares.
About this update from Altitude Group Plc
[{"type":"text","content":"\n \nRNS Number : 7442Q Altitude Group PLC 21 February 2019 \n\n21 February 2019\n \nAltitude Group plc\n(\"Altitude\" or the \"Company\")\n \nUpdate: Admission of Consideration Shares\n \nAltitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products announces that, further to the announcement on 16 January 2019, the independent valuation report of the non-cash consideration required under the Companies Act 2006 (the \"Valuation Report\") in relation to the acquisition of the business and assets of AI Mastermind has been received by the Company.\nAs such, the 860,294 Consideration Shares can now be issued, and application will therefore be made to the London Stock Exchange for the Consideration Shares to be admitted to trading on AIM. It is expected that the Consideration Shares will be admitted to trading on or around 8.00 a.m. on 27 February 2019.\nFollowing Admission, the total number of Ordinary Shares in issue will be 68,785,223 and the total number of voting rights will therefore be 68,785,223. This figure 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 interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.\nUnless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Company's announcement released on 11 January 2019.\nFor further information please contact: \n \n\n\n\n\nAltitude Group plc\nNichole Stella, Chief Executive Officer\nGraeme Couturier, Chief Financial Officer\nPeter Hallett, Non-Executive Chairman\n\n\n \nVia Instinctif - 020 7457 20200\n\n\n\n\nfinnCap Ltd (Nominated Adviser & Broker)\nJonny Franklin-Adams (Corporate Finance)\nScott Mathieson (Corporate Finance)\nRichard Chambers (ECM)\n\n\n020 7220 05000\n \n\n\n\n\nInstinctif Partners (Financial PR)\nMatthew Smallwood\nChantal Woolcock\n\n\n020 7457 20200\n\n\n\n\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distr...