Collagen Solutions PLC Allotment of shares and total voting rights (8398V)
12 Agosto 2020 - 8:00AM
UK Regulatory
TIDMCOS
RNS Number : 8398V
Collagen Solutions PLC
12 August 2020
Collagen Solutions plc
(the "Company")
Allotment of shares to employee benefit trust and Total Voting
Rights
Collagen Solutions plc (AIM: COS), the developer and
manufacturer of biomaterials and regenerative medicines for the
enhancement and extension of human life, announces that, on 11
August 2020 it allotted 3,195,929 new ordinary shares of GBP0.01
each in the Company ("New Ordinary Shares") to the trustee of the
Collagen Solutions plc Employee Benefit Trust (the "Trust") in
order to allow the Trust to satisfy awards previously made under
the Collagen Solutions plc Deferred Bonus Plan as previously
announced on 3 October 2019.
It is anticipated that the New Ordinary Shares (which will rank
pari passu in all respects with the existing ordinary shares of the
Company) will be admitted to trading on AIM on or around 17 August
2020 ("Admission"). Following Admission, the Company's issued share
capital will comprise 446,878,910 ordinary shares with voting
rights and that 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 Financial Conduct Authority's Disclosure Guidance and
Transparency Rules. The Company does not hold any shares in
treasury.
For further information please contact:
Collagen Solutions Plc
Jamal Rushdy, CEO
Hilary Spence, CFO Via Walbrook
Cenkos Securities Plc (Nominated
Adviser and Broker)
Giles Balleny (Corporate Finance) Tel: 0207 397 8900
Stephen Keys
Walbrook PR Ltd Tel: 020 7933 8780 or collagen@walbrookpr.com
Anna Dunphy Mob: 07876 741 001
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END
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