Business
Further re Reorganisation
Further re Reorganisation.
About this update from Artisanal Spirits Company Plc
[{"type":"text","content":"\n Artisan (UK) PLC\n22 January 2007\n\n\nARTISAN (UK) PLC\n\n\n22 January 2007\n\n\nVOTING RIGHTS, HOLDINGS IN COMPANY AND INTERIM DIVIDEND\n\n\nArtisan (UK) plc ('the Company') announces that, following approval by the\noverwhelming majority of shareholders at the Extraordinary General Meeting on\n19th January 2007, its capital reorganisation has been completed, and the\nCompany's new Ordinary Shares have been admitted to trading on AIM today.\n\n\nFollowing the reorganisation, the Company's issued share capital comprises\n8,213,250 new Ordinary Shares of 20p each ('Ordinary Shares'). To complete the\ncapital reorganisation, the Company has bought 14,592 Ordinary Shares into\ntreasury at a price of £1.30 per Ordinary Share, at a total cost of £18,969.60.\nIn accordance with the provisions of the Companies Act 1985, these treasury\nshares will be treated as non-voting shares. The Company does not have any\nother non-voting shares.\n\n\nAccordingly, the Company notifies the market, pursuant to the Disclosure and\nTransparency Rules, that the total number of voting shares in issue is now\n8,198,658 with each share having one vote, so that the total number of voting\nrights in the Company is 8,198,658. This figure may be used by shareholders,\nuntil further announcement by the Company, as the denominator for the\ncalculations by which they will determine if they are required to notify their\ninterest in, or a change to their interest in, the Company until the Disclosure\nand Transparency Rules.\n\n\nUnder the placing agreement dated 11th December 2006 entered into in connection\nwith the capital reorganisation, Aspen Finance Limited (in whose shareholding of\nthe Company Michael Stevens, the Chairman of Artisan (UK) plc, has a beneficial\ninterest) has today purchased 618,858 Ordinary Shares at a price of £1.30 per\nOrdinary Share. Aspen Finance Limited now holds 2,422,908 Ordinary Shares,\namounting to 29.55% of the Company's issued voting share capital or 29.5% of the\nissued share capital including those held as treasury stock.\n\n\nOn 12th December 2006, the Company announced that the Directors had determined\nto pay an interim dividend in respect of the current financial year ending 30th\nJune 2007, subject to shareholders' approval of the capital reorganisation.\nFollowing approval of that reorganisation, the Directors ha...