Business
Amendment Re. Issue of Equity
Amendment Re. Issue of Equity.
About this update from Eleco Plc
[{"type":"text","content":"\n \nRNS Number : 4156Q Eleco PLC 29 August 2014 \n \n\nELECO plc\n \n(\"Eleco\" or the \"Company\")\n \nAmendment re. Issue of Equity\n \n \nThe following amendment has been made to the 'Issue of Equity' announcement released on 19 August 2014 at 4:03pm under RNS No 5612P.\n \nThe issued share capital should have stated 74,867,127 ordinary shares following Admission.\n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \nThe Company announces that it has entered into an agreement with a private investor to subscribe for 1,000,000 ordinary shares of 10p each in the Company at a price of 20.75p per ordinary share, conditional on Admission (defined below). The subscription is in accordance with allotment authorities granted by Shareholders at the Company's Annual General Meeting on 30 June 2014.\n \nAccordingly, an application has been made for 1,000,000 ordinary of 10p each to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will occur at 8.00 a.m. on 21 August 2014. Following Admission, the Company's issued share capital will consist of 74,867,127 ordinary shares of 10p each. The above figure of 74,867,127 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 Financial Conduct Authority's Disclosure and Transparency Rules\n \nEnquiries:\n \n\n\n\n\nFor further information please contact:\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nELECO plc\n\n\nhttp://www.eleco.com\n\n\n\n\nJohn Ketteley, Executive Chairman\n\n\nTel: 0207 422 0044\n\n\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nPeckwater PR\n\n\n \n\n\n\n\nTarquin Edwards\n\n\nTel: 07879 458 364 / 0207 808 7340\n\n\n\n\n \n\n\n \n\n\n\n\nCenkos Securities plc\n\n\n \n\n\n\n\nNicholas Wells\n\n\nTel: 0207 397 8900\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCPGUGPRUPCGAB\n ","length":4486,"tagName":"div"}]