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Holding(s) in Company

26th Jun 2014 16:57

RNS Number : 6831K
Zamano PLC
26 June 2014
 



 

zamano plc ("zamano" or the "Company")

 

Holdings in Company

 

26 June 2014

 

 

Today the Company received the following notifications from Pageant Holdings Limited ("Pageant"):

 

· Notification that Pageant has today sold 1,500,000 ordinary shares in the Company and that, following this sale, it is the owner of 25,405,177 ordinary shares in the Company representing approximately 25.95% of the entire issued ordinary share capital of the Company. In addition, Nick Furlong, a director of Pageant has a beneficial interest in an additional 1,833,472 ordinary shares in the Company, representing approximately 1.87% of the share capital of the Company and Pageant has an aggregate interest of 27.82% of the issued share capital of the Company.

 

· Application to acquire 1,533,333 ordinary shares in the Company at a price of 3.0 cent per ordinary share pursuant to warrants issued to Pageant on 21 December 2012 (the "New Ordinary Shares"). Following the issue of the New Ordinary Shares, Pageant will be the owner of 26,938,510 ordinary shares in the Company representing approximately 27.09% of the entire enlarged issued ordinary share capital of the Company. In addition, Nick Furlong, a director of Pageant has a beneficial interest in an additional 1,833,472 ordinary shares in the Company, representing approximately 1.84% of the enlarged share capital of the Company and Pageant will have an aggregate interest of 28.93% of the enlarged issued share capital of the Company.

 

Peter Furlong, a director of the Company is also a director of Pageant. Accordingly, the independent directors of the Company have approved the issue of the New Ordinary Shares and the New Ordinary Shares will be issued on 30 June 2014.

 

The Company will also apply to The Irish Stock Exchange and the London Stock Exchange for the New Ordinary Shares to be admitted to trading on the ESM Market of the Irish Stock Exchange ('ESM') and the AIM Market of the London Stock Exchange ('AIM') effective 4 July 2014 and dealings are expected to commence on this date.

 

The New Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 0.1 cent each in the capital of the Company, including the right to receive all dividends and other distributions declared, made or paid in respect of the such shares after the date of issue of the New Ordinary Shares.

 

Following the issue of the New Ordinary Shares there will be 99,451,244 ordinary shares of 0.1 cent each in issue in the capital of the Company. The New Ordinary Shares represent approximately 1.57% per cent of the existing issued share capital of the Company and approximately 1.54% per cent of the enlarged share capital of the Company.

 

zamano plc

Michael Connolly, Chief Financial Officer

Tel: +353 1 554 7200

 

NCB Corporate Finance

Conor McCarthy / Shane Lawlor

Tel: +353 1 421 0000

Cenkos Securities

Derrick Lee

Tel: +44 (0) 20 7397 8900

Alan Stewart

Tel: +44 (0)131 200 6939

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

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