Ashcourt Rowan PLC Issue of Equity (6884V)
17 December 2013 - 6:00PM
UK Regulatory
TIDMARP
RNS Number : 6884V
Ashcourt Rowan PLC
17 December 2013
17 December 2013
ASHCOURT ROWAN PLC
("Ashcourt Rowan" or the "Company")
Issue of Equity
The Directors of Ashcourt Rowan plc (AIM: ARP), the UK wealth
management group, announce that the Company will be issuing 76,345
ordinary shares of 20 pence each in the Group ("Ordinary Shares")
to certain employees which have vested under the Company's Long
Term Investment Plan.
Application has been made for the new Ordinary Shares, which
will when issued rank pari passu with the existing Ordinary Shares
in issue, to be admitted to trading on AIM and dealings are
expected to commence on 20 December 2013. Following the issue of
the new Ordinary Shares as set out above, the total number of
shares in issue will be 35,355,675. The Company does not hold any
Ordinary Shares in treasury. Therefore the total number of Ordinary
Shares in the Company with voting rights is 35,355,675.
The above figure of 35,355,675 Ordinary Shares may be used by
shareholders in the Company as the denominator for the calculation
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the Financial Service Authority's Disclosure and
Transparency Rules.
For further information please contact:
Jonathan Polin, CEO Ashcourt Rowan plc
jonathanpolin@ashcourtrowan.com www.ashcourtrowan.com +44 (0) 20 7871 7373
Guy Wiehahn Peel Hunt LLP (Nominated adviser and joint broker)
Harry Florry www.peelhunt.com +44 (0) 20 7418 8900
Media enquiries:
Emily Morris/Katy Moore Ashcourt Rowan plc +44 (0) 20 7871
7250
Laura Conaghan/Daniel Yea Maitland +44 (0) 20 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
END
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