discoverIE Group plc Total Voting Rights (8194D)
03 February 2018 - 1:48AM
UK Regulatory
TIDMDSCV
RNS Number : 8194D
discoverIE Group plc
02 February 2018
2 February 2018
discoverIE Group plc (the "Company")
Total Voting Rights
In accordance with the FCA's Disclosure and Transparency Rule
5.6.1R, the Company notifies the market of the following:
Further to the announcement made on 1 February 2018, 223,648
ordinary shares with nominal value of 5p each ("Ordinary Shares")
were issued and allotted to the vendor of EWAC Holdings BV.
Admission of these Ordinary Shares is expected to occur at 8:00
a.m. on 6 February 2018 ("Admission"). Following Admission, the
Company's issued share capital consists of 70,938,507 Ordinary
Shares, with voting rights. The Company does not hold any Ordinary
Shares in Treasury.
Accordingly, following Admission, the total number of Ordinary
Shares with voting rights is 70,938,507.
Following Admission, the above figure of 70,938,507 Ordinary
Shares may be used by shareholders of 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 in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
For further information please contact:
discoverIE Group plc 01483 544
Joanna Harkus Madge: Company Secretary 500
Notes to Editors:
About discoverIE Group plc
discoverIE Group (LSE: DSCV; previously Acal plc) is an
international group of businesses that designs, manufactures and
supplies innovative components for electronic applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally. With in-house
engineering capability, we are able to design components to meet
customer requirements, which are then manufactured and supplied,
usually on a repeating basis, for their ongoing production needs.
This generates a high level of recurring revenue and long term
customer relationships.
By focussing on key markets which are driven by structural
growth and increasing electronic content, namely renewable energy,
transportation, medical and industrial connectivity, the Group aims
to achieve organic growth that is well ahead of GDP and to
supplement that with targeted complementary acquisitions.
The Group employs c.4,000 people and its principal operating
units are located in Continental Europe, the UK, China, Sri Lanka,
India and North America.
The Group is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE Small Cap Index, classified
within the Electrical Components and Equipment subsector, and has
revenue of GBP0.4bn. Over the last five years, revenue and
underlying earnings per share have doubled.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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