Rotala PLC Share Subscription and Director Dealing (3778Q)
18 Ottobre 2019 - 10:37AM
UK Regulatory
TIDMROL
RNS Number : 3778Q
Rotala PLC
18 October 2019
RNS
18 October 2019
Rotala Plc
("Rotala" or the "Company" or "the Group")
Subscription of Shares
Further to its announcement dated 1 August 2019 regarding the
Placing and conditional Subscription to raise GBP1.1 million (the
"Announcement"), the Company announces the allotment and issue of
178,500 new ordinary shares in Rotala (the "Subscription Shares")
to John Gunn, Non-Executive Chairman, at the subscription price of
56p per share.
Application has been made for the Subscription Shares to be
admitted to trading on AIM on 21 October 2019 ("Admission").
Following Admission, the total number of ordinary shares in issue
will be 50,924,918, of which 833,809 are held in treasury and the
remaining ordinary shares in issue carrying voting rights is
50,091,109. This number (50,091,109) 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.
Unless otherwise defined, capitalised terms within this
announcement shall have the same meaning as those defined within
the Announcement.
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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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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