1st Mar 2013 07:00
Advanced Power Components Plc
("APC" or the "Company")
Exercise of Options
The Company announces that, following the exercise of share options, application has been made for the admission of 20,000 ordinary shares of 2p each in the Company ("New Ordinary Shares") to trading on AIM. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares. It is expected that admission will occur at 8.00 a.m. on 6 March 2013.
Following admission of the New Ordinary Shares, the total number of voting rights in the Company's ordinary shares will be 30,398,987. APC does not hold any Ordinary Shares in treasury.
The aforementioned figure of 30,398,987 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, APC under the Financial Service Authority's Disclosure and Transparency Rules.
Enquiries:
Advanced Power Components plc Mark Robinson, Chief Executive Officer Rob Smith, Finance Director | 01480 226600 www.apc-plc.co.uk |
Redleaf Communications Rebecca Sanders-Hewett / Henry Columbine / David Ison | 020 7566 6700 |
Strand Hanson Limited James Harris/ Angela Hallett | 020 7409 3494 |
Northland Capital Partners Andy Hanson | 020 7448 4400 |
Notes to Editors:
About Advanced Power Components
Advanced Power Components plc (APC) is one of the UK's leading distributors of specialist electronic components and a provider of technologies developed to reduce energy consumption or generate electricity more sustainably.
Since incorporation in 1982, APC has developed long-standing relationships with manufacturers of specialist electronic components and with customers who put significant value on our deep understanding of the challenges of their individual markets, technical expertise and attention to detail. Markets include defence, aerospace, space, transportation, medical and industrial sectors. Products are wide ranging in their complexity and in their application and are sold through a number of semi-autonomous teams. Each team focuses on specific technologies or markets but are true to the Group's central business strategy of adding value in the supply chain.
Through Minimise Energy, the Group promotes a range of technologies developed to reduce energy consumption and associated carbon emissions associated with traditional offerings. These products are either sold individually, through subsidiaries Minimise Limited and QV Controls Limited or may be combined to provide an integrated, multi technology solution to the challenge of improving the energy efficiency of an entire organisation.
Sales teams:
§ APC-Contech - Custom Keyboards and Data Input Devices
§ APC-Displays+ - Displays and Embedded Systems
§ APC-Hero - Sensors, Optoelectronics, Semiconductors
§ APC-HiRel - Electronic Components for High Reliability Applications
§ APC-Locator - Obsolescence and Allocation Specialists
§ APC-Novacom - Microwave and RF Components
§ APC-Time - Timing Systems, Time and Frequency Generators
Subsidiaries:
§ Minimise Energy Limited - integrated, multi technology energy efficiency solutions including financing options
§ Minimise Limited - LED lighting, imop™, air-conditioning optimisation technologies
§ QV Controls Limited - Energy efficient energy monitoring and control systems
Related Shares:
APC Technology