Placing, Total Voting Rights and Name Change (1427S)
16 November 2011 - 1:13AM
UK Regulatory
TIDMMST
RNS Number : 1427S
Mid-States PLC
15 November 2011
15 November 2011
Mid-States PLC
("Mid-States" or "the Company")
Placing, Total Voting Rights and Name Change to Aerte Group
PLC
PLACING
Mid-States, the leading environmental technology group, is
pleased to announce that the special resolution proposed at the
Company's General Meeting held earlier today relating to the
placing of 122,269,051 new ordinary shares ("Placing Shares") was
duly passed by shareholders (the "Placing").
As a result, the Placing announced on 25 October 2011, raising
GBP1,834,036 (before expenses), has now been completed. It is
expected that Admission will become effective and dealings in the
122,269,051 Placing Shares will commence on AIM at 8:00 am on 17
November 2011. The Placing Shares will rank pari passu in all
respects with the Company's existing issued ordinary shares.
TOTAL VOTING RIGHTS
Following completion of the Placing the Company will have a
total of 383,172,890 ordinary shares in issue. This figure
(383,172,890) 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 FSA's Disclosure and Transparency Rules.
NAME CHANGE
As previously notified, the name of the Company has been changed
from Mid-States PLC to Aerte Group PLC with immediate effect. This
reflects the more internationally recognisable brand "Aerte" under
which the Group's products are now sold.
From tomorrow the Company's ordinary shares will trade on AIM
under the TIDM "AER". The ISIN and SEDOL code will remain unchanged
as GB0002683034 and 0268303 respectively.
Mid-States PLC Tel: +44 (0)20 7603 1515
John Bateson, Chairman
Andrew Tonks, Finance Director
Panmure Gordon (UK) Limited Tel: +44 (0)20 7459 3600
Andrew Godber (Corporate Finance)
Callum Stewart
This information is provided by RNS
The company news service from the London Stock Exchange
END
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