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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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(END) Dow Jones Newswires

October 12, 2017 07:57 ET (11:57 GMT)

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