Ultimate Sports Group PLC Issue of Equity (1148J)
07 September 2016 - 1:00AM
UK Regulatory
TIDMUSG
RNS Number : 1148J
Ultimate Sports Group PLC
06 September 2016
Ultimate Sports Group PLC
("USG" or the "Company")
Issue of Equity
Ultimate Sports Group Plc, the AIM listed investment vehicle,
has agreed to issue a total of 225,000 ordinary shares in the
Company at a price of 18 pence per ordinary share to a company
providing services to USG in lieu of fees in connection with the
development of Ultimate Player, the Company's innovative online
platform for children, which measures, motivates and incentivises
their personal sporting performance.
Application has been made to the London Stock Exchange for the
ordinary shares to be admitted to trading on AIM which is expected
to occur at 8 a.m. on 12 September 2016. Following Admission, the
Company will have 20,486,638 Ordinary Shares in issue. The Company
has no shares in treasury, therefore the figure of 20,486,638
should 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 of their interest in, the
share capital of the Company under the FCA's Disclosure and
Transparency Rules.
* * ENDS * *
For further information, please visit www.ultimatesportsgroup.me
or contact:
Ultimate Sports Group PLC
Geoffrey Simmonds, Executive +44 (0)20 7935
Chairman 0823
St Brides (Financial PR)
Elisabeth Cowell and Charlotte +44 (0)20 7236
Heap 1177
Cantor Fitzgerald Europe (Nomad
and Joint Broker) +44 (0)20 7894
Marc Milmo / Catherine Leftley 7000
Northland Capital Partners Limited
(Joint Broker)
Matthew Johnson / Stuart Miller +44 (0)20 3861
John Howes / Rob Rees 6625
Dowgate Capital Stockbrokers
Limited (Joint Broker)
Neil Badger / Jason Robertson +44 (0)1293 517744
This information is provided by RNS
The company news service from the London Stock Exchange
END
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