Rotala PLC Issue of Equity, Director Shareholding & Rule 2.9 (8888Z)
17 January 2024 - 1:40AM
UK Regulatory
TIDMROL
RNS Number : 8888Z
Rotala PLC
16 January 2024
FOR IMMEDIATE RELEASE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED
STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
LAWS OF SUCH JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; THIS INSIDE
INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
16 JANUARY 2024
Rotala PLC
("Rotala" or the "Company")
Issue of Equity,
Director/PDMR Shareholding
and
Rule 2.9 Announcement
Rotala PLC (AIM: ROL.L) announces that, following the sanction
of the Scheme by the Court announced on 15 January 2024, a total of
1,595,000 ordinary shares of 25 pence each in the Company
("Ordinary Shares") have been sold out of treasury in order to
satisfy the exercise of options, including by Kim Taylor, the Group
Finance Director (further details of which are set out below),
under the Rotala 2005 Share Option Scheme. Following this
transaction, Kim Taylor holds 1,203,738 Ordinary Shares, which
represents 3.69% of the Company's issued share capital.
Rule 2.9 Announcement
In accordance with Rule 2.9 of the City Code on Takeovers and
Mergers, the Company confirms that it now has 32,616,784 Ordinary
Shares in issue and holds 4,315,000 Ordinary Shares in
treasury.
The International Securities Identification Number for the
Ordinary Shares is GB00B1Z2MP60.
Suspension and cancellation of trading
As previously announced, the last day of dealings on AIM in, and
for the registration of transfers of, Ordinary Shares is today, 16
January 2024. It is expected that trading on AIM in the Ordinary
Shares will be suspended with effect from 7.30 a.m. on 17 January
2024 and the cancellation of admission to trading on AIM of the
Ordinary Shares will be effective at 7.00 a.m. on 18 January
2024.
Rotala PLC Tel: +44 (0) 121 322
2222
Graham Spooner, Deputy Chair and Senior
Independent Director
Graham Peacock, Independent Non-Executive
Director
Kim Taylor, Group Finance Director
Shore Capital Tel: +44 (0) 20 7408
4090
Tom Griffiths
James Thomas
Lucy Bowden
The person responsible for arranging the release of this
announcement on behalf of Rotala is Kim Taylor, a director of
Rotala.
Further information is disclosed below in accordance with
Article 19 of the EU Market Abuse Regulation.
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Kim Taylor
-------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status Group Finance Director
-------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------
a) Name Rotala PLC
-------------------------- -------------------------------------
b) LEI 213800ALMQ9Y4K5HPT66
-------------------------- -------------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------
a) Description of the Options over ordinary shares of
financial instrument, 25 pence each
type of instrument
ISIN: GB00B1Z2MP60
Identification code
-------------------------- -------------------------------------
b) Nature of the transaction Exercise of options awarded under
the Rotala 2005 Share Option Scheme
-------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
54p 395,000 shares
25p 400,000 shares
---------------
-------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 795,000
- Weighted Price N/A
-------------------------- -------------------------------------
e) Date of the transaction 16 January 2024
-------------------------- -------------------------------------
f) Place of the transaction Off market transaction
-------------------------- -------------------------------------
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END
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