Artisan (UK) PLC
22 January 2007
ARTISAN (UK) PLC
22 January 2007
VOTING RIGHTS, HOLDINGS IN COMPANY AND INTERIM DIVIDEND
Artisan (UK) plc ('the Company') announces that, following approval by the
overwhelming majority of shareholders at the Extraordinary General Meeting on
19th January 2007, its capital reorganisation has been completed, and the
Company's new Ordinary Shares have been admitted to trading on AIM today.
Following the reorganisation, the Company's issued share capital comprises
8,213,250 new Ordinary Shares of 20p each ('Ordinary Shares'). To complete the
capital reorganisation, the Company has bought 14,592 Ordinary Shares into
treasury at a price of £1.30 per Ordinary Share, at a total cost of £18,969.60.
In accordance with the provisions of the Companies Act 1985, these treasury
shares will be treated as non-voting shares. The Company does not have any
other non-voting shares.
Accordingly, the Company notifies the market, pursuant to the Disclosure and
Transparency Rules, that the total number of voting shares in issue is now
8,198,658 with each share having one vote, so that the total number of voting
rights in the Company is 8,198,658. This figure may be used by shareholders,
until further announcement by the Company, 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 until the Disclosure
and Transparency Rules.
Under the placing agreement dated 11th December 2006 entered into in connection
with the capital reorganisation, Aspen Finance Limited (in whose shareholding of
the Company Michael Stevens, the Chairman of Artisan (UK) plc, has a beneficial
interest) has today purchased 618,858 Ordinary Shares at a price of £1.30 per
Ordinary Share. Aspen Finance Limited now holds 2,422,908 Ordinary Shares,
amounting to 29.55% of the Company's issued voting share capital or 29.5% of the
issued share capital including those held as treasury stock.
On 12th December 2006, the Company announced that the Directors had determined
to pay an interim dividend in respect of the current financial year ending 30th
June 2007, subject to shareholders' approval of the capital reorganisation.
Following approval of that reorganisation, the Directors have declared an
interim dividend of 1.2p per Ordinary Share which will be paid on 2nd February
2007 to shareholders on the Company's Register of Members on 26th January 2007.
For further information please contact:
Artisan (UK) plc
Chris Musselle Chief Executive 01480-436666
Brewin Dolphin Securities Limited
Ifor Williams Nominated advisers 0121-236-7000
Bankside Consultants
Simon Rothschild Financial PR advisers 020-7367-8888
This information is provided by RNS
The company news service from the London Stock Exchange