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Exercise of Warrants / Issue of Equity

31st Dec 2015 07:00

RNS Number : 5000K
Castleton Technology PLC
31 December 2015
 

Castleton Technology plc

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

Exercise of Warrants/ Issue of Equity

 

Castleton Technology plc (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, announces that following an exercise of warrants by a warrant holder, it has allotted 577,768 new ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"). The warrants have been exercised at a price of 22 pence per Ordinary Share.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on 8 January 2016.

The total number of Ordinary Shares in issue following Admission will be 78,089,832. Accordingly, the figure of 78,089,832 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

 

 

Enquiries:

 

Castleton Technology plc

Ian Smith, Chief Executive

Haywood Chapman, Chief Financial Officer

Tel. 44 (0)20 7965 8149

http://www.castletonplc.com

 

finnCap Ltd

Jonny Franklin-Adams / Simon Hicks

Tel. +44 (0)20 7220 0500

MXC Capital Markets LLP

Marc Young / Charlotte Stranner

Tel. +44 (0)20 7965 8149

 

 

About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The acquisitions of Montal, Documotive, Opus, Keylogic, Brixx and Impact Applications bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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