Issue of Shares (3467J)
29 June 2011 - 7:09PM
UK Regulatory
TIDMMOGP
RNS Number : 3467J
Mountfield Group plc
29 June 2011
For release: 29 June 2011
Mountfield Group PLC (the "Company" or the "Group")
Issue of Shares
Mountfield Group (LSE MOGP), the AIM-quoted company specialising
in the construction of data centres, is pleased to announce that
the Company has issued 4,099,333 new ordinary shares of 0.1 pence
each ("Shares") (the "Issue") to certain individuals and
organisations at a price of 1.5 pence per share, in respect of
services provided in connection with the Company's recent placing
which was announced on 12 May 2011. The Issue is subject to
admission of the Shares to trading on AIM becoming effective which
is expected to occur on 4 July 2011.
The Company's increased number of total voting rights following
admission to AIM of the Shares will be 209,244,454, which number
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 in their interest in, the share capital of
the Company under the FSA's Disclosure and Transparency Rules. In
addition, as notified on 1 December 2009, the Company itself
continues to hold a further 7,500,000 Shares, over which voting
rights do not apply, held as though in treasury until disposed of
or cancelled.
For further information please contact:
Mountfield Group Plc +44 (0)20 7398 7718
Graham Read
Chief Executive Officer
Arbuthnot Securities Limited +44 (0)20 7012 2000
Tom Griffiths
First Columbus LLP +44 (0)20 3002 2071
John Nuttall
De Facto Financial +44 (0)20 7556 1063
Mike Wort, Anna Dunphy
Notes to Editors:
Mountfield Building Group Limited: The company carries out works
as a main contractor with end-user clients. Since the 1990's
Mountfield has specialised in the installation of data centres and
has successfully completed more than 40 data centres throughout the
last 12years,
MBG Construction Limited: Carries out specialist builderswork
and multi trade packages for leading fit-out and refurbishment main
contractors. Mountfield delivers a comprehensive range of services
together with specialist partnering subcontractors. In addition to
data centre trade packages, Mountfield carried out builderswork
packages that include stripping out, blockwork, plastering,
riser/lift formations, ceilings, partitions and general
builderswork in connection with the supply of mechanical and
electrical services.
Connaught Access Flooring Limited: The company was formed in
1992 as a provider of flooring systems to main contractors and
corporate end users. The business has grown substantially since it
was acquired by Graham Read and Andrew Collins in 2004. It has
supplied and installed flooring in excess of 5million square feet
to both office and data centre installations since that time.
Mountfield Land Limited: This company (which was incorporated in
2008) sources and enhances the value of land before selling its
interest to developers. It is currently sourcing land options for
potential data centre sites that would complement the groups other
subsidiary companies. It is not exposed to any financial risk or
liability from its dealings or transactions as it does not purchase
any sites.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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