5th Apr 2012 07:00
Chime Communications PLC
Completion of iLUKA Acquisition
On 7th March Chime announced that it had entered into a conditional agreement to acquire iLUKA Limited. The conditions in the agreement have now been satisfied and completion has taken place.
Accordingly 555,357 new Chime ordinary shares have been issued to the iLUKA vendors. Application will be made for the 555,357 new ordinary shares of 25 pence each in the capital of Chime (the 'new ordinary shares') being issued as part of the consideration to be listed on the Official List of the Financial Services Authority and to be admitted to trading by the London Stock Exchange on its main market for listed securities. It is expected that dealings in the new ordinary shares will commence on 12 April. The new ordinary shares will rank pari passu with Chime's existing issued shares.
The issued share capital of the Company is currently 81,296,456 ordinary shares each with voting rights. Therefore, following admission of the new ordinary shares the issued share capital of the Company on 12 April 2012 will be 81,851,813 ordinary shares each with voting rights.
For further information please contact:
Tom Tolliss
Deputy Secretary
Chime Communications PLC
Tel: 020 7861 8515
Related Shares:
CHW.L