REG - Tekmar Group PLC - Issue of Equity and Total Voting Rights

TekmarAnnouncement

07/03/2025 14:15

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RNS Number : 8731Z  Tekmar Group PLC  07 March 2025

 

Tekmar Group plc

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

Issue of Equity and Total Voting Rights

 

Tekmar Group plc (AIM: TGP), the leading provider of technology and services
for the global offshore energy markets, confirms that further to the
announcement dated 13 June 2024 it has issued 1,104,869 ordinary shares of 1
pence each in the share capital of the Company ("New Ordinary Shares")
pursuant to the exercise of options under the Company's Share Option Plan.

Application has been made to the London Stock Exchange for the New Ordinary
Shares to be admitted to trading on AIM ("Admission"). Dealings in the New
Ordinary Shares are expected to commence on or around 8.00 a.m. on 12 March
2025.

Following Admission, the Company's enlarged issued share capital will comprise
138,722,070 ordinary shares with voting rights in the Company. As the Company
holds no shares in treasury, this is the total number of the voting rights in
the Company which may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest, or a change in the interest, in the share capital of the Company
under Chapter 5 of the FCA's Disclosure Guidance and Transparency Rules as
reflected in the Company's articles of incorporation.

Enquiries:

 Tekmar Group Plc                                              c/o +44 (0)20 4582 3500
 Richard Turner, CEO

 Leanne Wilkinson, CFO
 Cavendish Capital Markets Limited (Nomad and Broker)          +44 (0)131 220 9772
 Peter Lynch

                                                             +44 (0)131 220 9771
 Neil McDonald

                                                             +44 (0)131 220 9775
 Pearl Kellie
 Gracechurch Group (Financial Media & Investor Relations)      +44 (0)20 4582 3500

 Murdo Montgomery

 Heather Armstrong

About Tekmar Group plc

Tekmar Group plc collaborates with its partners to deliver robust and
sustainable engineering led solutions that enable the world's energy
transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of
engineering services and technologies to support and protect offshore wind
farms and other offshore energy assets and marine infrastructure. With near 40
years of experience, we optimise and de-risk projects, solve customer's
engineering challenges, improve safety and lower project costs. Our
capabilities include geotechnical design and analysis, simulation and
engineering analysis, bespoke equipment design and build, subsea protection
technology and subsea stability technology.

We have a clear strategy focused on strengthening Tekmar's value proposition
as an engineering solutions-led business which offers integrated and
differentiated technology, services and products to our global customer base.

Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global
reach with offices, manufacturing facilities, strategic supply partnerships
and representation in 18 locations across Europe, Africa, the Middle East,
Asia Pacific and North America.

For more information visit: www.tekmargroup.com (http://www.tekmargroup.com/)

Subscribe to further news from Tekmar Group at Group News
(https://investors.tekmar.co.uk/group-news/) .

 

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