REG - Eleco PLC - Issue of Equity and Total Voting Rights

ElecoAnnouncement

29/03/2023 07:00

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RNS Number : 5334U  Eleco PLC  29 March 2023

29 March 2023

Eleco Plc

("Eleco", "Group" or the "Company")

 

Issue of Equity

and Total Voting Rights

 

 

The Board of Eleco Plc (AIM: ELCO), the AIM-listed construction software
specialist, advises that the Company has issued Andreas Fänger, Head of
Development, Veeuze GmbH (formerly of ESIGN Software GmbH) 27,747 new ordinary
shares of 1 pence each in the capital of the Company ("the Shares").  The
Shares have been issued to fulfil the third and final tranche of a software
development agreement entered into on 18 November 2019 (the "Agreement").  No
further share amounts are due under the Agreement.

 

Application has been made for 27,747 new Ordinary Shares to be admitted to
trading on AIM.  Admission is expected to become effective on 3 April 2023
following the end of the Company's Close Period now the Company has reported
its Annual Results.

 

Following Admission, Eleco plc will have 83,182,397 Ordinary Shares in
issue.  All Ordinary Shares have equal voting rights and no Ordinary Shares
are held in treasury.  The total number of voting rights in the Company
immediately following Admission will therefore be 83,182,397.

 

The above figure 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 Guidance and Transparency Rules.

 

For further information, please contact:

 Eleco plc                                                    +44 (0)20 7422 8000
 Jonathan Hunter, Chief Executive Officer
 Neil Pritchard, Chief Financial Officer

 finnCap Limited                                              +44 (0)20 7220 0500
 Geoff Nash/ Emily Watts/ Seamus Fricker (Corporate Finance)
 Charlotte Sutcliffe / Harriet Ward (ECM)

 SEC Newgate UK                                               +44 (0)20 3757 6882
 Elisabeth Cowell/Bob Huxford                                 eleco@secnewgate.co.uk (mailto:eleco@secnewgate.co.uk)

 

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of
software and related services to the built environment through its operating
brands Elecosoft and Veeuze from centres of excellence in the UK, Sweden,
Germany, the Netherlands and the US.

 

The Company's software solutions are trusted by international customers and
used throughout the building lifecycle from early planning and design stages
to construction, interior fit out, asset management and facilities management
to support project management, estimation, visualisation, Building Information
Modelling (BIM) and property management.

 

For further information please visit www.eleco.com
(http://www.elecosoft.com/) .

 

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