Conviviality PLC Issue of Equity, Total Voting Rights (4673T)
12 October 2017 - 10:57PM
UK Regulatory
TIDMCVR
RNS Number : 4673T
Conviviality PLC
12 October 2017
12 October 2017
Conviviality Plc
(the "Company")
Issue of Equity, Total Voting Rights and Block Listing
Application
Conviviality Plc (AIM: CVR), the UK's leading independent
wholesaler and distributor of alcohol and impulse serving consumers
through its franchised retail outlets and through hospitality and
food service, announces that application has been made to the
London Stock Exchange for 18,500 new ordinary shares of GBP0.0002
each (the "New Ordinary Shares") to be admitted to trading on AIM
("Admission").
The New Ordinary Shares have been issued to the trustee of the
Company's Franchisee Benefit Trust for the purpose of satisfying
the vesting of awards granted under the Company's Franchisee
Incentive Plan.
The New Ordinary Shares will rank pari passu in all respects
with the existing ordinary shares of GBP0.0002 each in the capital
of the Company ("Ordinary Shares") and Admission of the New
Ordinary Shares is expected to take place on 18 October 2017.
Total Voting Rights
Following the issue of the New Ordinary Shares, the Company will
have a total of 175,145,709 Ordinary Shares, each carrying one
voting right. The Company does not hold any shares in Treasury.
Therefore, 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 FCA's Disclosure Guidance and
Transparency Rules.
Block Listing Application
The Company announces that a further application has been made
to the London Stock Exchange for a block listing of securities in
respect of 521,353 ordinary shares of GBP0.0002 each (the "New
Block Listing Shares") to be admitted to trading on AIM under the
Company's existing block listing arrangement for the Conviviality
Plc Share Option Plan 2015.
The New Block Listing Shares will be issued from time to time in
order to satisfy the exercise of share options granted under the
Conviviality Plc Share Option Plan 2015. It is expected that
admission of the New Block Listing Shares will become effective on
18 October 2017.
When issued, the New Block Listing Shares will be credited as
fully paid and will rank pari passu in all respects with the
Ordinary Shares.
Enquiries:
Conviviality Plc Tel: 01270 614 700
Diana Hunter, Chief Executive Officer
Andrew Humphreys, Chief Financial Officer
Investec (Nominated Adviser and Broker) Tel: 020 7597 5970
Garry Levin / David Flin / Daniel Adams
FTI Consulting Tel: 020 3727 1000
Jonathon Brill / Georgina Goodhew / Fiona Walker
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 12, 2017 07:57 ET (11:57 GMT)
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