REG - Pinewood Tech Gp PLC - Additional Listing & Total Voting Rights

Pinewood TechnologiesAnnouncement

17/04/2024 07:00

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RNS Number : 8696K  Pinewood Technologies Group PLC  17 April 2024

17 April 2024

 

Pinewood Technologies Group PLC ("the Company")

 

Additional Listing & Total Voting Rights

 

A listing application has been made by the Company for 17 new Ordinary Shares
(the "EBT Shares") to be admitted to the premium listing segment of the
Official List and to trading on the London Stock Exchange's main market for
listed securities ("Admission"). The EBT Shares will be issued fully paid and
will rank pari passu in all respects with the existing issued Ordinary Shares.
Admission is anticipated to occur on 18 April 2024.

 

The EBT Shares are to be issued to Accuro Trustees (Jersey) Ltd, trustee of
the Pendragon Employee Benefit Trust (the "EBT") and are required to ensure
that the number of Ordinary Shares in issue is exactly divisible by 20 in
order to effect the Capital Reorganisation.

 

Following the issue of the EBT Shares and Admission, the Company will have
1,742,312,420 Ordinary Shares, representing a total ordinary share capital of
£87,115,621.  The voting rights attached to the Ordinary Shares are on the
basis of one vote per Ordinary Share, representing total voting rights of
1,742,312,420. There are no shares held in treasury.

 

This figure (1,742,312,420) may be used by Shareholders (and others with
notification obligations) 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.

 

Capitalised terms used but not otherwise defined in this announcement have the
same meaning given to them in the circular of the Company dated 5 April 2024.

 

Enquiries:

 

 Jefferies International Limited (Financial Adviser and Joint Corporate Broker)  +44 (0) 20 7029 8000
 Philip Noblet
    Thomas Bective
    Jordan Cameron

 Headland Consultancy (PR & Communications)                                      +44 (0) 20 3805 4822
 Henry Wallers
 Jack Gault

 

Jefferies International Limited ("Jefferies"), which is authorised and
regulated in the United Kingdom by the Financial Conduct Authority, is
acting solely for the Company, and for no-one else, as broker in connection
with the matters referred to in this announcement and will not be responsible
to anyone other than the Company for providing the protections afforded to its
clients or for providing advice to any other person in relation to the content
of this announcement or any other matters described in this announcement. To
the fullest extent permitted by law, neither Jefferies nor any of its
affiliates assumes any responsibility whatsoever for or makes any
representation or warranty express or implied, in relation to the contents of
this announcement, including its accuracy, completeness or verification or for
any other statement made or purported to be made by it, or on its behalf and
nothing contained in this announcement is, or shall be, relied upon as a
promise or representation in this respect whether as to the past, present or
future, in connection with the Company, the Group, or the matters referred to
in this announcement. Jefferies and its affiliates accordingly disclaims to
the fullest extent permitted by law all and any duty, responsibility and
liability whether arising in tort, contract or otherwise which it might
otherwise be found to have in respect of this announcement or any such
statement or otherwise.

 

This announcement is not intended to, and does not constitute, or form part
of, any offer to sell or an invitation to purchase or subscribe for any
securities in any jurisdiction.

 

This announcement has been prepared for the purpose of complying with the
applicable law and regulation of the United Kingdom and information
disclosed may not be the same as that which would have been disclosed if this
announcement has been prepared in accordance with the laws and regulations of
jurisdictions outside the United Kingdom.

 

 

 

-ENDS-

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