Business
Application for Admission
Application for Admission.
About this update from Synergia Energy Ltd
[{"type":"text","content":"\n \nRNS Number : 9200G Plastics Capital PLC 01 June 2017 \n\n \n \nPlastics Capital plc\n(\"Plastics Capital\" the \"Company\" or the \"Group\")\n \nApplication for Admission\n \nPlastics Capital, the niche plastics products group, announces that an application has been made for 50,063 ordinary shares of 1p each to be admitted to trading on AIM (\"Admission\"). This application relates to an historic exercise of share options by certain of the Company's management team and resultant issue of new ordinary shares, as announced on 30 June 2008. Admission is expected to occur at 8.00 a.m. on 5 June 2017. \n \nFollowing Admission the total number of voting rights in the Company will remain unchanged at 38,945,151.\n \n \nContacts:\n \n\n\n\n\nPlastics Capital plc\n\n\nTel: 020 7978 0574\n\n\n\n\nFaisal Rahmatallah, Executive Chairman\n\n\n \n\n\n\n\nNick Ball, Finance Director\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nCenkos Securities plc\n(Nomad and Joint broker)\n\n\nTel: 020 7397 8900\n\n\n\n\nMark Connelly\nCallum Davidson\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nAllenby Capital Limited\n(Joint broker)\n\n\nTel: 020 3328 5656\n\n\n\n\nDavid Hart\nKatrina Perez\nJames Reeve\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\n \nNotes to Editors\nPlastics Capital is a niche manufacturer of specialist plastic products. Applications for these products vary widely and examples include:\n· Packaging for the food manufacturing and distribution - films, sacks and pouches\n· Steering columns and instrument control knobs in the automotive industry - plastic ball bearings\n· Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel\n· Cardboard box manufacture - plastic creasing matrices\nPlastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.\nThe business operates through two divisions, Films and Industrial, and has the majority of its production in five UK based factories, with a further three factories in Asia. Approximately 45 per cent. of its £65 million sales are made outside the UK to more than 80 countries.\nFurther informatio...