UTW Utilitywise

TIDMUTW

RNS Number : 4170C

Utilitywise plc

16 January 2015

Utilitywise plc

("Utilitywise" or the "Company")

Issue of Equity

Utilitywise, a leading independent utility cost management consultancy, today announces that 48,479 ordinary shares of 0.1p each in the share capital of the Company ("Ordinary Shares") have been issued and allotted pursuant to the exercise of share options by a former employee.

Application has been made for the 48,479 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 22 January 2015. The new Ordinary Shares rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 74,703,334. Accordingly, the figure of 74,703,334 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 FCA's Disclosure and Transparency Rules.

For further information:

 
 Utilitywise PLC                        0870 626 0559 
 Geoff Thompson, CEO 
 Andrew Richardson, Deputy CEO 
 Jonathan Kempster, CFO 
 
 finnCap (NOMAD and broker)             020 7220 0500 
 Matt Goode / Charlotte Stranner / 
  Henrik Persson (Corporate Finance) 
  Simon Johnson (Corporate Broking) 
 
 Newgate Threadneedle                   020 7653 9850 
 John Coles / Hilary Buchanan 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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