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Result of Scrip Dividend - Replacement

Result of Scrip Dividend - Replacement.

articleEleco PlcNovember 6, 20175/company/eleco-plc/news/result-of-scrip-dividend-replacement
Result of Scrip Dividend - Replacement

About this update from Eleco Plc

[{"type":"text","content":"\n \nRNS Number : 7036V Elecosoft PLC 06 November 2017  \n\nThe following amendment has been made to the Result of Scrip Dividend announcement released on 06 November 2017 at 0700hrs under RNS No 5895V.\n \nThe announcement has been amended to state that 204,629 new Ordinary Shares had been allotted by the Company.\n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \n \n6 November 2017\nElecosoft plc\n(\"Elecosoft\", the \"Company\" or the \"Group\")\n \nResult of Scrip Dividend\n \n \nElecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, announces that further to the Company's announcement on 25 September 2017, it has received final results for the scrip dividend alternative in respect of 44,332,224 existing ordinary shares of 1p each in the capital of the Company (\"Ordinary Shares\") received shares. This figure represents approximately 57.6 per cent. of the Company's issued ordinary share capital.\n \nAccordingly, based on the previously announced reference price of 43.25p per share and the interim dividend of 0.20p per share, a total of 204,629 new ordinary shares of 1p each have been allotted by the Company (\"New Ordinary Shares\") to shareholders to receive the scrip dividend alternative. \n \nApplication has been made for the 204,629 New Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 9 November 2017. Following Admission, Elecosoft will have 77,440,700 Ordinary Shares. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 77,440,700.\n \n \n\n\n\n\n For further information please contact:\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nElecosoft plc\nJHB Ketteley, Executive Chairman\nJonathan Hunter, Group Marketing & Business Development Director\n\n\nwww.elecosoft.com\n Tel: 0207 422 0044\n\n\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nfinnCap Ltd\n\n\n \n\n\n\n\nAdrian Hargrave / Kate Bannatyne (Corporate Finance)\nCamille Gochez (Corporate Broking)\n\n\nTel: 0207 220 0500\n\n\n\n\n \n\n\n \n\n\n\n\n \nRedleaf Communications\n\n\n \n\n\n...

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