REG - Rotala PLC - Issue of Equity, Director Shareholding & Rule 2.9

RotalaAnnouncement

16/01/2024 14:45

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RNS Number : 8888Z  Rotala PLC  16 January 2024

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 JANUARY 2024

Rotala PLC

("Rotala" or the "Company")

Issue of Equity,

Director/PDMR Shareholding

and

Rule 2.9 Announcement

 

 

Rotala PLC (AIM: ROL.L) announces that, following the sanction of the Scheme
by the Court announced on 15 January 2024, a total of 1,595,000 ordinary
shares of 25 pence each in the Company ("Ordinary Shares") have been sold out
of treasury in order to satisfy the exercise of options, including by Kim
Taylor, the Group Finance Director (further details of which are set out
below), under the Rotala 2005 Share Option Scheme. Following this transaction,
Kim Taylor holds 1,203,738 Ordinary Shares, which represents 3.69% of the
Company's issued share capital.

Rule 2.9 Announcement

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the
Company confirms that it now has 32,616,784 Ordinary Shares in issue and holds
4,315,000 Ordinary Shares in treasury.

The International Securities Identification Number for the Ordinary Shares is
GB00B1Z2MP60.

Suspension and cancellation of trading

As previously announced, the last day of dealings on AIM in, and for the
registration of transfers of, Ordinary Shares is today, 16 January 2024. It is
expected that trading on AIM in the Ordinary Shares will be suspended with
effect from 7.30 a.m. on 17 January 2024 and the cancellation of admission to
trading on AIM of the Ordinary Shares will be effective at 7.00 a.m. on 18
January 2024.

 Rotala PLC                                                    Tel: +44 (0) 121 322 2222
 Graham Spooner, Deputy Chair and Senior Independent Director

 Graham Peacock, Independent Non-Executive Director

 Kim Taylor, Group Finance Director
 Shore Capital                                                 Tel: +44 (0) 20 7408 4090
 Tom Griffiths

 James Thomas

 Lucy Bowden

The person responsible for arranging the release of this announcement on
behalf of Rotala is Kim Taylor, a director of Rotala.

Further information is disclosed below in accordance with Article 19 of the EU
Market Abuse Regulation.

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kim Taylor
 2    Reason for the notification
 a)   Position/status                                              Group Finance Director
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Rotala PLC
 b)   LEI                                                          213800ALMQ9Y4K5HPT66
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Options over ordinary shares of 25 pence each

                                                                    ISIN: GB00B1Z2MP60

      Identification code
 b)   Nature of the transaction                                    Exercise of options awarded under the Rotala 2005 Share Option Scheme

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   54p       395,000 shares
                                                                   25p       400,000 shares
 d)   Aggregated information

      - Aggregated volume                                          795,000

      - Weighted Price                                             N/A
 e)   Date of the transaction                                      16 January 2024

 f)   Place of the transaction                                     Off market transaction

d)

 

Aggregated information

- Aggregated volume

 

- Weighted Price

 

795,000

 

N/A

e)

 

Date of the transaction

16 January 2024

f)

 

Place of the transaction

Off market transaction

 

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