REG - Rosslyn Data Tech. - Share Consolidation and Total Voting Rights

Rosslyn Data TechnologiesAnnouncement

20/09/2023 08:15

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RNS Number : 9728M  Rosslyn Data Technologies PLC  20 September 2023

20 September 2023

 

Rosslyn Data Technologies plc

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

 

Share Consolidation and Total Voting Rights

 

Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data
analytics platform, is pleased to confirm that the Share Consolidation
announced on 30 August 2023 has become effective.

 

Share Consolidation

 

At the record date, being 6.00 p.m. on 19 September 2023, 882,963,721 Existing
Ordinary Shares were consolidated into 17,659,275 New Consolidated Ordinary
Shares at a conversion ratio of 50:1.

 

Following the Share Consolidation, share certificates in respect of the
Existing Ordinary Shares have ceased to be valid and certificates in respect
of the New Consolidated Ordinary Shares will be dispatched to those
shareholders who hold their shares in certificated form.  CREST Shareholders
will have their CREST account credited with their New Consolidated Ordinary
Shares following Second Admission.

 

Admission to trading on AIM and Total Voting Rights

 

Application has been made to the London Stock Exchange for a total of
17,659,275 New Consolidated Ordinary Shares to be admitted to trading on
AIM.  It is expected that Second Admission will become effective and that
dealings in the New Consolidated Ordinary Shares will commence at 08:00 a.m.
today, 20 September 2023.  Following Second Admission, the share capital of
the Company will consist of 17,659,275 Ordinary Shares.  Therefore the total
number of voting rights in the Company is 17,659,275 and 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 the Company,
or there is a changed to their interest in the Company.

 

The New Consolidated Ordinary Shares will trade under the ISIN: GB00BMV2DB09
and SEDOL: BMV2DB0

 

This announcement should be read in conjunction with the full text of the
Circular posted to Shareholders on 31 August 2023, copies of which are
available on the Company's website: https://www.rosslyn.ai/investors
(https://www.rosslyn.ai/investors) .  The same definitions apply throughout
this announcement as are applied in the Circular.

 

 

For further information please contact:

 

 Rosslyn
 Paul Watts, Chief Executive Officer                                                     +44 (0)20 3285 8008

 James Appleby, Chairman

 Cavendish Securities (Nominated adviser and Broker)
 Stephen Keys/Camilla Hume/George Lawson                                                 +44 (0)20 7220 0500

 Gracechurch Group (Financial PR)
 Harry Chathli/Claire Norbury                                                            +44 (0)20 4582 3500

 

About Rosslyn Data Technologies plc

 

Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive
analytics platform. The Rosslyn Platform helps organizations with diverse
supply chains mitigate risk and make informed strategic decisions. It
leverages automated workflows, artificial intelligence and machine learning to
extract and consolidate procurement data providing visibility of complex
supplier data, enabling supplier spend savings and delivering rapid ROI. For
more information visit www.rosslyn.ai (http://www.rosslyn.ai/)

 

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