Block Admission

Released : 09/12/16 09:25

RNS Number : 4489R
Gattaca PLC
09 December 2016
 

Gattaca plc (the "Company")

Block Admission

 

The Company announces that an application has been made to AIM for a block admission in respect of 600,000 ordinary shares of 1p each ("New Ordinary Shares") in the share capital of the Company (the "Block Admission").  This Block Admission will increase the number of shares under the Company's existing block admission, which is used to satisfy the issue of shares pursuant to exercises of options under the Company's employee share incentive plans ("Incentive Schemes").

An application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on 13 December 2016.

The Company currently has a balance of 109,100 shares remaining under its existing block listing, which will be increased to 709,100 following Admission. This figure is considered adequate for anticipated exercises of options under the Incentive Schemes for the foreseeable future.

The Company's issued share capital will not change as a result of the Block Admission.  The Company expects to publish its usual 6 monthly Block Listing Interim Review on or around 5 June 2017.

ENDS -

For further information please contact:

Gattaca plc

Brian Wilkinson, Chief Executive Officer

Tony Dyer, Chief Financial Officer

+44 (0) 1489 898989

 

 

Brokers - Numis Securities Limite

Michael Meade (NOMAD)/Kevin Cruickshank               

+44 (0) 20 7260 1000

 

 

Citigate Dewe Rogerson              

Rob Newman/Nick Hayns /Ellen Wilton               

+44 (0) 20 7638 9571

 

 

 


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