Circle Holdings PLC Additional Listing (7191D)
28 April 2017 - 10:06PM
UK Regulatory
TIDMCIRC
RNS Number : 7191D
Circle Holdings PLC
28 April 2017
Circle Holdings plc
("Circle" or the "Company")
Additional Listing
28 April 2017
As set out in the offer document published by DMWSL 849 Limited
("BidCo") on 4 April 2017 containing the full terms and conditions
of a recommended all cash offer to be made by Bidco for all of the
issued and to be issued share capital of Circle not already owned,
or agreed to be acquired, by Bidco (the "Offer"), the Company
announces that it has issued and allotted 2,905,181 ordinary shares
of 2p each ("Ordinary Shares") conditionally upon their admission
to AIM in respect of the exercise of the 2,200,000 CFO Options by
Paolo Pieri and the issue of 705,181 Ordinary Shares to satisfy the
corresponding subscription of Ordinary Shares by the Circle Trustee
pursuant to the Circle Trust Relationship Agreement. Paolo Pieri
and the Circle Trustee have agreed to accept the Offer in respect
of these Ordinary Shares pursuant to the terms of the irrevocable
undertakings they previously gave to BidCo.
Accordingly, an application has been made for 2,905,181 new
Ordinary Shares to be admitted to trading on AIM and it is expected
that admission will take place on 2 May 2017.
The new Ordinary Shares will rank pari passu with the existing
shares of the Company.
Following Admission, the Company's enlarged issued share capital
will comprise 250,702,369 Ordinary Shares with one voting right per
share. No shares are held in Treasury. The total number of voting
rights in the Company is therefore 250,702,369.
This figure of 250,702,369 Ordinary Shares may be used by
shareholders in the Company 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 share capital of
the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Circle Holdings plc +44 (0)20 7034 5258
Michael Kirkwood, Chairman
Paolo Pieri, Chief Executive Officer
Alex Singleton, Head of Communications and Marketing
Numis Securities Limited +44 (0)20 7260 1000
Michael Meade, Richard Thomas Nominated Adviser
Ben Stoop Corporate Broking
About Circle
Established in 2004, Circle Holdings plc is an employee co-owned
group dedicating to empowering clinicians and healthcare
professionals to redefine the delivery of healthcare in the UK.
Circle's NHS and independent healthcare operations include two
independent hospitals, Circle Bath and Circle Reading, the
Nottingham NHS Treatment Centre, and the management of integrated
musculoskeletal (MSK) services on behalf of local commissioners in
Bedfordshire and Greenwich. Circle is currently building its latest
state-of-the-art independent hospital in Birmingham.
For more information please visit www.circleholdingsplc.com and
www.circlehealth.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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