Tungsten Corporation PLC Block Listing Application (7886Z)
23 Settembre 2020 - 8:00AM
UK Regulatory
TIDMTUNG
RNS Number : 7886Z
Tungsten Corporation PLC
23 September 2020
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
23 September 2020
Block Listing Application
Tungsten Corporation plc (AIM: TUNG) today announces that an
application has been made to the London Stock Exchange for a block
listing of 560,000 ordinary shares of 0.438 pence each in the
Company (the "Ordinary Shares").
These Ordinary Shares will be issued from time to time in order
to satisfy the requirement to allot shares under the Tungsten
Corporation plc Deferred Share Bonus Plan ("the Plan").
It is expected that admission will become effective on 24
September 2020. The Ordinary Shares under the block listing will
rank pari passu with the Company's existing Ordinary Shares.
Enquiries
Tungsten Corporation plc
Andrew Lemonofides, Chief Executive
Officer +44 20 7280 6980
Canaccord Genu ity Limited (Nominated
Adviser and Broker)
Simon Bridges
Andrew Potts +44 20 7523 8000
Tavistock Communications Financial PR
& IR
Heather Armstrong
Jos Simson
Katie Hopkins +44 20 7920 3150
About Tungsten Corporation plc
Tungsten Corporation (AIM: TUNG) is the world's largest,
compliant business transaction network. A leading global electronic
invoicing and purchase order transactions network; Tungsten's
mission is centred on enabling a touchless invoice process allowing
businesses around the globe to gain maximum value from their
invoice process.
Tungsten processes invoices for 74% of the FTSE 100 and 71% of
the Fortune 500. It enables suppliers to submit tax compliant
e-invoices in 50 countries, and last year processed transactions
worth GBP195bn for organisations such as Caesars Entertainment,
Computacenter, GlaxoSmithKline, Kraft Foods, Mohawk Industries,
Mondelēz International, Procter & Gamble, Shaw Industries,
Unilever and the US Federal Government.
Founded in 2000 and headquartered in London, Tungsten has
offices in the US, Bulgaria and Malaysia, employing over 300
people.
For more information, please visit our website:
https://www.tungsten-network.com/
Forward looking statements
This document contains forward-looking statements that may or
may not prove accurate. For example, statements regarding expected
revenue growth and trading margins, market trends and our product
pipeline are forward-looking statements. Phrases such as "aim",
"plan", "intend", "anticipate", "well-placed", "believe",
"estimate", "expect", "target", "consider" and similar expressions
are generally intended to identify forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause actual
results to differ materially from what is expressed or implied by
the statements. Any forward-looking statement is based on
information available to Tungsten as of the date of this statement.
All written or oral forward-looking statements attributable to
Tungsten are qualified by this caution. Tungsten does not undertake
any obligation to update or revise any forward-looking statement to
reflect any change in circumstances or in Tungsten's
expectations
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END
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