TIDMELCO

RNS Number : 7122X

Elecosoft PLC

20 December 2019

Elecosoft plc

("Elecosoft", the "Company" or the "Group")

Issue of Equity

Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, advises that Andreas Fänger, Head of Development, ESIGN Software GmbH, has been issued 27,747 new ordinary shares in the Company to reward his personal service and effort to the Group over several years.

Application has been made for 27,747 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 24 December 2019. Following Admission, Elecosoft will have 82,239,650 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 82,239,650.

 
 
 
  For further information, please contact: 
Elecosoft plc                                     Tel: +44 (0)20 7422 
                                                   8000 
JHB Ketteley, Executive Chairman 
Jonathan Hunter, Chief Operating Officer 
 Ben Moralee, Finance Director 
 
  finnCap Ltd                                       Tel: +44 (0)20 7220 
                                                    0500 
Geoff Nash / Kate Washington (Corporate Finance) 
Camille Gochez (Corporate Broking) 
 
  Redleaf Communications                            Tel: +44 (0)20 3757 
                                                    6880 
Elisabeth Cowell / Fiona Norman

About Elecosoft plc

Elecosoft is a specialist international provider of software and related services to the Architectural, Engineering, Construction and Owner-Operator industries and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software solutions cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions. Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO).

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December 20, 2019 10:14 ET (15:14 GMT)

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