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REG - Tracsis PLC - Issue of Equity





 




RNS Number : 4768C
Tracsis PLC
17 June 2019
 

 

Tracsis plc

 

("Tracsis" or the "Company")

 

Issue of Equity

 

The Company confirms that following the receipt of a notice of exercise of employee options, it has today issued 27,555 ordinary shares of 0.4p each ("Ordinary Shares") (the "New Ordinary Shares").

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 21 June 2019.

In addition, the Company has today issued a further 15,472 Ordinary Shares (the "Staff Option Shares") following an exercise of Options by employees of the Group. The issuance of the Staff Option Shares is covered by the Company's blocklisting for staff options.

Following the issue of the New Ordinary Shares and the Staff Option Shares, the number of Ordinary Shares in issue will increase to 28,725,572. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 28,725,572 Ordinary Shares with voting rights attached (one vote per Ordinary Share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Tracsis under the DTRs.

 

 

Enquiries:

Tracsis plc                                                                                                                                              Tel: 0845 125 9162

Chris Barnes, CEO

Max Cawthra, CFO

finnCap Ltd                                                                                                                                           Tel: 020 7220 0500

Christopher Raggett/Scott Mathieson, Corporate Finance

Andrew Burdis, Corporate Broking

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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