ARCONTECH GROUP PLC
(“Arcontech”, the “Company” or the “Group”)
Issue of Equity & Director / PDMR Shareholding
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 47,619 ordinary shares of £0.125 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 Sarah Wisbey, Administration Director and a PDMR of the Company, at a price of 17.5p per Ordinary Share.
It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 12 May 2017. On Admission the Company’s issued share capital will comprise 12,438,709 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 12,438,709. 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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Arcontech Group plc
020 7256 2300
Louise Barton, Chairman of the Remuneration Committee and Non-Executive Director
Michael Levy – Group Finance Director and Company Secretary
finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks
To access more information on the Group please visit: http://www.arcontech.com