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Issue of Equity

19th Feb 2010 11:37

RNS Number : 4048H
Chime Communications PLC
19 February 2010
 



 

Issue of Equity

Recommended offer (the "Offer") by Chime Communications plc ("Chime") for the shares of Essentially Group Limited ("Essentially").

Chime has today applied for the admission to trading on the London Stock Exchange of 156,395 Chime ordinary shares of 25 pence each. These shares were issued for the remaining non-assenting shareholders of Essentially to whom a compulsory acquisition notice in accordance with Articles 117 and 118 of the Companies (Jersey) Law 1991 was sent and who had not validly accepted the Offer before the specified deadline (the "Non-assenting Shareholders"). The shares were issued on the same terms as the Offer, to be held on trust for the Non-assenting Shareholders by Essentially.

This completes the issue of shares pursuant to the Offer.

Voting rights and capital

Chime confirms that following admission of the new 156,395 Chime ordinary shares at 8:00 am on 20 February 2010, Chime's issued share capital will consist of 69,843,357 ordinary shares each with voting rights. No ordinary shares are held in treasury.

The figure of 69,843,357 may be used by shareholders 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, Chime under the FSA's Disclosure and Transparency Rules.

Terms defined in the Offer Document have the same meaning in this announcement unless otherwise stated.

- ends -

 Tom Tolliss Tel: 020 7861 8515

Deputy Secretary

Chime Communications PLC

 

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