APC Technology Group PLC Exercise of Options (1841Y)
05 September 2015 - 1:01AM
UK Regulatory
TIDMAPC
RNS Number : 1841Y
APC Technology Group PLC
04 September 2015
4 September 2015
APC Technology Group PLC
("APC" or the "Company")
Exercise of Options and Total Voting Rights
APC Technology Group plc (AIM: APC), the provider of
technologies and services intended to help improve organisational
sustainability and specialist distributor of electronic components,
announces that it has issued and allotted 30,000 new ordinary
shares of 2 pence each in the Company ("Ordinary Shares") following
the exercise of share options. The options were exercised at a
price of 10 pence per share.
The new Ordinary Shares will rank pari passu in all respects
with the existing Ordinary Shares, and it is expected that
admission will become effective and that dealings in the new
Ordinary Shares will commence at 8.00 a.m. on 10 September
2015.
Following admission of the new Ordinary Shares, the Company's
issued share capital will consist of 91,603,948 ordinary shares
with voting rights. APC does not hold any Ordinary Shares in
treasury.
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 Disclosure Rules and Transparency Rules.
Any changes to the above expectation will be announced to the
market as required.
Enquiries:
APC Technology Group PLC 01634 290588
Leonard Seelig, Chairman www.apc-plc.co.uk
Richard Hodgson, Chief Executive
Officer
Cantor Fitzgerald Europe Limited
(Nominated Advisor and Broker) 020 7796 8800
Andrew Craig / Will Goode (Corporate Finance)
Redleaf Communications (Financial
PR) 020 7382 4730
Rebecca Sanders-Hewett / David Ison / Susie Hudson
Notes to Editors:
Since 2009 APC has been in a process of diversification. The
distribution of specialist electronic components, which has
represented the majority of revenues since incorporation in 1982,
remains a key part of the business but the rapid growth of the
Minimise Group, which includes Minimise Energy, Minimise Solutions
and Minimise Water (following the acquisition of Green Compliance
plc) has created a sustainability focussed business that has the
potential to generate profitable growth in future periods.
APC's sustainability related activities are designed to offer
its clients a simple, 'one stop shop' approach to meeting their
sustainability obligations. With sustainability related consulting,
energy management, water management and project financing under one
roof the relationships required to overcome the obstacles which
have historically held up sustainability enhancing projects are
being created.
APC's electronic component distribution business, trading as
Advanced Power Components, sells specialist components into
defence, aerospace, space, transportation medical and industrial
sectors. The Group's value-add business model, centred upon the
technical experience and capabilities of the Group's sales
engineers, are of value to both clients and suppliers, for whom APC
typically acts on an exclusive basis.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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