Issue of Equity

Released : 29.03.2017

RNS Number : 8754A
Conviviality PLC
29 March 2017
 

29 March 2017

 

Conviviality Plc

(the "Company")

 

Issue of Equity

 

The Company announces that application has been made to the London Stock Exchange for 18,000 new ordinary shares of £0.0002 each (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission").

The New Ordinary Shares have been issued to the trustee of the Company's Franchisee Benefit Trust for the purpose of satisfying the vesting of awards granted under the Company's Franchisee Incentive Plan.

The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of £0.0002 each in the capital of the Company ("Ordinary Shares") and Admission of the New Ordinary Shares is expected to take place on 4 April 2017.

Total Voting Rights

Following the issue of the New Ordinary Shares, the Company will have a total of 172,591,768 Ordinary Shares, each carrying one voting right. The Company does not hold any shares in Treasury. Therefore, the above figure 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 interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

Conviviality Plc
Diana Hunter, Chief Executive Officer                                                    Tel: 01270 614 700
Andrew Humphreys, Chief Financial Officer

Investec (Nominated Adviser and Joint Broker)
Garry Levin / David Flin / Daniel Adams                                                 Tel: 020 7597 5970

Zeus Capital (Joint Broker)
John Goold                                                                                                         Tel: 020 7533 7727

FTI Consulting
Jonathon Brill                                                                                                    Tel: 020 3727 1000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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