Issue of Equity and Total Voting Rights

Released : 24.11.2017

RNS Number : 4956X
Conviviality PLC
24 November 2017

24 November 2017

Conviviality Plc
(the "Company")

Issue of Equity and Total Voting Rights

Conviviality Plc (AIM: CVR), the UK's leading independent wholesaler and distributor of alcohol and impulse serving consumers through its franchised retail outlets and through hospitality and food service, announces that application has been made to the London Stock Exchange for 76,921 new ordinary shares of £0.0002 each in the capital of the Company ("New Ordinary Shares") to be admitted to trading on AIM ("Admission").

The New Ordinary Shares have been issued as follows:

(a)  73,921 New Ordinary Shares have been issued as a result of a vesting of options under the Conviviality Plc Long Term Incentive Plan; and

(b)  3,000 New Ordinary Shares have been issued to the trustee of the Company's Franchisee Benefit Trust for the purpose of satisfying awards as a result of 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 30 November 2017.

Total Voting Rights

Following the issue of the New Ordinary Shares, the Company will have a total of 175,269,386 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.


Conviviality Plc                                                                                 Tel: 01270 614 700
Diana Hunter, Chief Executive Officer
Mark Moran, Chief Financial Officer

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

FTI Consulting                                                                                   Tel: 020 3727 1000
Jonathon Brill / Georgina Goodhew / Fiona Walker


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