Gooch & Housego PLC Completion of Acquisition and Issue of Equity (8315G)
21 July 2023 - 8:58PM
UK Regulatory
TIDMGHH
RNS Number : 8315G
Gooch & Housego PLC
21 July 2023
21 July 2023
Gooch & Housego PLC
("G&H" or the "Company" or the "Group")
Completion of acquisition and issue of equity
Gooch & Housego PLC (AIM: GHH), the specialist manufacturer
of optical components & systems, announces that further to the
announcement on 19 July 2023 that it had conditionally acquired the
entire issued share capital of Artemis Optical Holdings Ltd
("Artemis"), this acquisition has now completed.
Pursuant to the terms of this acquisition the Company has made
an application to the London Stock Exchange for the 412,088 new
ordinary shares to be admitted to trading on AIM. It is expected
that admission will become effective on 27 July 2023.
Following the issue of the 412,088 new ordinary shares, the
total number of ordinary shares in issue as at the date of this
announcement is 25,786,397 with each share carrying the right to
one vote. There are no shares held in Treasury. The total number of
voting rights in the Company is, therefore, 25,786,397.
The above figure of 25,786,397 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 and
Transparency Rules.
For further information please contact:
Charlie Peppiatt, Chief Executive
Officer
Chris Jewell, Chief Financial Gooch & Housego +44 (0) 1460
Officer PLC 256440
Mark Court / Abigail Gilchrist +44 (0) 20 7466
G&H@buchanan.uk.com Buchanan 5000
Christopher Baird / David +44 (0) 20 7597
Anderson Investec Bank plc 5970
Notes to editors
1. Gooch & Housego is a photonics technology business
headquartered in Ilminster, Somerset, UK with operations in the USA
and Europe. A world leader in its field, the company researches,
designs, engineers and manufactures advanced photonic systems,
components and instrumentation for applications in the Aerospace
& Defence, Industrial, Life Sciences and Scientific Research
sectors. World leading design, development and manufacturing
expertise is offered across a broad range of complementary
technologies.
2. All financial information included in this announcement is
sourced from unaudited management accounts and excludes any
specific items. This announcement contains certain forward-looking
statements that are based on management's current expectations or
beliefs as well as assumptions about future events. These are
subject to risk factors associated with, amongst other things, the
economic and business circumstances occurring from time to time in
the countries and sectors in which G&H operates. It is believed
that the expectations reflected in these statements are reasonable
but they may be affected by a wide range of variables which could
cause actual results, and G&H's plans and objectives, to differ
materially from those currently anticipated or implied in the
forward-looking statements. Investors should not place undue
reliance on any such statements. Nothing in this announcement
should be construed as a profit forecast.
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END
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