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Australian Potash Ltd

Share Issue

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RNS Number : 6298T
APC Technology Group PLC
22 March 2019
 

 

 

APC Technology Group PLC

 ("APC" or the "Company")

 

Share issue

 

APC Technology Group PLC (AIM: APC), which provides the design, specification and distribution of specialist electronic products, component and systems, announces that it has agreed to issue 431,589 new ordinary shares of 2 pence each in the capital of the Company (the "New Ordinary Shares") at a price of 6.1 pence per New Ordinary Share in settlement of outstanding fees.

 

Application has been made to the London Stock Exchange plc for admission of the New Ordinary Shares to trading on AIM ("Admission"). Admission is expected to become effective and dealings in the New Ordinary Shares to commence at 8.00 a.m. on or around 25 March 2019.

 

 

Total Voting Rights

 

Following Admission, the total issued ordinary share capital of the Company will comprise 182,627,088 ordinary shares, each carrying the right to one vote. The New Ordinary Shares will be fully paid and will rank pari passu in all respects with the Group's existing ordinary shares.

 

The Company does not hold any ordinary shares in treasury and, therefore, the above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

APC Technology Group PLC                                                                               +44 (0) 330 313 3220

Richard Hodgson, Chief Executive                                                                    www.apcplc.com

                          

Stockdale Securities Limited (Nominated Adviser and Broker)                +44 (0)20 7601 6100

Mark Brown / Antonio Bossi / Rose Ramsden


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct 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 [email protected] or visit www.rns.com.
 
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Quick facts: Australian Potash Ltd

Price: $0.12

Market: ASX
Market Cap: $41.12 m
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