REG - Gooch & Housego PLC - Completion of Acquisition & Total Voting Rights

Gooch & HousegoAnnouncement

Wed 07:02

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RNS Number : 2693N  Gooch & Housego PLC  18 June 2025

 

     18 June 2025

 

 

Gooch & Housego PLC
("G&H", the "Company" or the "Group")

 

Completion of Acquisition of Global Photonics

and

Total Voting Rights

Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of optical
components & systems, is pleased to announce that further to its
announcement on 14 May 2025, it has completed the acquisition of U.S.-based
Global Photonics.

This acquisition significantly extends G&H's presence in the U.S.
Aerospace & Defence market and marks an important step towards replicating
the success of the Group's optical systems hub in the UK by establishing a
full optical systems engineering and manufacturing capability in the United
States.

Issue of Shares and Total Voting Rights

As part of the consideration for the acquisition, the Company has issued
1,328,636 new ordinary shares of 20 pence each in the capital of the Company
("Ordinary Shares") and application has been made to the London Stock Exchange
for these new Ordinary Shares to be admitted to trading on AIM ("Admission").
Admission is expected to become effective and dealings in these new Ordinary
Shares are expected to commence at 8.00 a.m. on 20 June 2025. These new
Ordinary Shares rank pari passu with the existing Ordinary Shares of the
Company and will represent approximately 4.9% of the Company's enlarged issued
share capital following Admission.

Following the issue of these new Ordinary Shares, the Company's issued share
capital will consist of 27,115,033 Ordinary Shares, each with voting rights.
The Company does not hold any ordinary shares in treasury. Therefore, the
total number of voting rights in the Company will be 27,115,033. This 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.

The Company will issue a further 84,477 Ordinary Shares as the final
consideration payment on or around 8 October 2025.

 

 

For further information please contact:

 Charlie Peppiatt, Chief Executive Officer                  Gooch & Housego PLC      +44 (0) 1460 256440

 Chris Jewell, Chief Financial Officer

 Mark Court / Sophie Wills / Abigail Gilchrist              Burson Buchanan          +44 (0) 20 7466 5000

 G&H@buchanan.uk.com (mailto:G&H@buchanan.uk.com)

 Christopher Baird / David Anderson                         Investec Bank plc        +44 (0) 20 7597 5970

 

Notes to editors

Gooch & Housego is a photonics technology business headquartered in
Ilminster, Somerset, UK with operations in the U.S. and Europe. A world leader
in its field, the company researches, designs, engineers and manufactures
advanced photonic systems, components and instrumentation for applications in
the Aerospace & Defence, Industrial, Life Sciences and Scientific Research
sectors. World leading design, development and manufacturing expertise is
offered across a broad range of complementary technologies.

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