Rotala PLC Issue of Equity (5531O)
02 Ottobre 2019 - 3:47PM
UK Regulatory
TIDMROL
RNS Number : 5531O
Rotala PLC
02 October 2019
RNS
2 October 2019
Rotala Plc
("Rotala" or "the Company" or "the Group")
Issue of Ordinary Shares
In its announcement of 1 August 2019 the Company set out that it
had invited participants in its Save As You Earn scheme to apply
their accrued savings under that scheme towards a subscription for
ordinary shares in the Company at 56p per share (the "SAYE
Participants Offer"). This Offer has now closed and the Company has
issued a further 17,426 ordinary shares of 25p each ("Ordinary
Shares"). These Ordinary Shares shall be satisfied from existing
shares held in treasury.
As a result of the above issue, the total number of ordinary
shares in issue remains unchanged at 50,746,418, of which 833,809
are held in treasury and the remaining ordinary shares in issue
carrying voting rights is 49,912,609. This number (49,912,609) may
be used by shareholders 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 interests in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
Rotala Plc 0121 322 2222
John Gunn, Chairman
Simon Dunn, Chief Executive
Kim Taylor, Group Finance Director
Nominated Adviser & Joint Broker:
Cenkos Securities plc 020 7397 8900
Stephen Keys/Callum Davidson (Corporate Finance)
Michael Johnson/Julian Morse (Corporate Broking)
Joint Broker: Dowgate Capital Stockbrokers Ltd 0203 903 7715
David Poutney/James Serjeant (Corporate Broking)
About the business
Rotala provides a range of transport solutions, ranging from
local bus services under contract to local authorities, through to
commercial bus routes. Rotala has operations at Heathrow airport,
in the West Midlands and the North West.
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END
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