ARCONTECH GROUP PLC
(“Arcontech”, the “Company” or the “Group”)
Issue of Equity
Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has applied to the London Stock Exchange for 4,000,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) to be admitted to trading on AIM (“Admission”). The new Ordinary Shares are being issued subsequent to an exercise of options over Ordinary Shares by an employee of the Company, at a price of 0.125p.
It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 22 August 2016. On Admission the Company’s issued share capital will comprise 1,540,672,013 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 1,540,672,013. This figure may be used by shareholders in 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 share capital of the Company under the FCA’s Disclosure and Transparency Rules.
Arcontech Group plc
Richard Last, Chairman and Non-Executive Director 07713 214484
Matthew Jeffs, Chief Executive 020 7256 2300
finnCap Ltd (Nomad & Broker)
Carl Holmes/Simon Hicks 020 7220 0500
To access more information on the Group please visit: http://www.arcontech.com