Business
Completion of acquisition and Total Voting Rights
Completion of acquisition and Total Voting Rights.
About this update from Discoverie Group Plc
[{"type":"text","content":"\n \nRNS Number : 6099M Acal PLC 17 July 2014 \n \n\n17 July 2014\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\nAcal plc\nCompletion of acquisition and Total Voting Rights\n \nAcal plc (LSE: ACL, the \"Company\" or \"Acal\"), a leading specialist electronics supplier, is pleased to announce that all outstanding conditions have now been satisfied and the acquisition of Trafo Holding AS, trading as Noratel, has completed today.\n \nFurther to the completion of the Acquisition, application has been made for 384,966 new ordinary shares of 5 pence each, issued pursuant to the Sale and Purchase Agreement (the \"Consideration Shares\") to be admitted to the Official List of the UKLA and to trading on the London Stock Exchange's main market for listed securities (\"Admission\"). It is expected that Admission will occur on 18 July 2014. For the number of issued shares admitted to the Official List to equal the Company's number of issued ordinary shares, application is also being made for a further 290,873 ordinary shares (which have already been issued) to be so admitted.\n \nImmediately following the issue of these new ordinary shares, the issued share capital of the Company comprises 63,049,220 ordinary shares of 5 pence each. All of the ordinary shares carry voting rights of one vote per share. The Company does not hold any shares in treasury. The above figure of 63, 049,220 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 Company under the Disclosure and Transparency Rules.\n \nA prospectus and circular relating to the Consideration Shares and the Acquisition was published on 5 June 2014 and submitted to the National Storage Mechanism where it is available for inspection at www.morningstar.co.uk/uk/NSM.\n \nFor further information, please contact:\n \n\n\n\n\nAcal plc\n\n\n01483 544 500\n\n\n\n\nNick Jefferies\n\n\n\n\n\n\n\nSimon Gibbins\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nSponsor, sole bookru...