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Issue of Equity

8th Feb 2013 16:28

RNS Number : 5325X
Kellan Group (The) PLC
08 February 2013
 



 

AIM: KLN

8 February 2013

The Kellan Group PLC

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

 

Issue of equity

 

Kellan announces today that a total of 1,826,214 ordinary shares of 2 pence each in the Company ('Ordinary Shares') have been issued to certain Directors and existing shareholders of the Company in satisfaction of interest due on the Company's 2015 convertible loan notes. 

 

Changes in discloseable interests are as follows:

 

 

 

 

 

Director/Shareholder

 

 

Ordinary

Shares

issued

Price paid (p)

 

Shareholding immediately following Admission

Percentage

of enlarged issued share capital

John Bowmer

378,082

2

14,541,136

6.82

Anthony Reeves

92,055

2

27,531,948

12.92

James McHugh

302,466

2

11,169,019

5.24

Ross Eades

46,027

2

9,903,193

4.65

Gerald Bereika

61,370

2

15,693,929

7.37

Don Hanson

894,795

2

9,930,466

4.66

 

Application has been made to the London Stock Exchange for 1,826,214 Ordinary Shares to be admitted to AIM and it is expected that dealings will commence on 14 February 2013. These shares will rank pari passu in all respects with the existing issued Ordinary Shares in the Company. The total issued share capital of Kellan following this allotment will be 213,067,300 Ordinary Shares. No Ordinary Shares are held in treasury.

 

ENQUIRIES:

 

The Kellan Group PLC

Ross Eades, Chief Executive Officer

Rakesh Kirpalani, Financial Director

Tel: 020 7268 6200

Merchant Securities Limited

David Worlidge / Virginia Bull

Tel: 020 7628 2200

 

NOTES:

 

Kellan is a market leading recruitment business operating across a wide range of functional disciplines and industry sectors.

 

Kellan operates through a portfolio of premium brands within the currently fragmented recruitment sector. Currently, through its three recruitment brands, Berkeley Scott, Quantica and RK, Kellan has the capability and resource to recruit professionals into finance & accounting, information technology, supply chain & procurement, legal, retail, manufacturing, catering, hospitality and leisure.

 

Kellan currently operates through 16 UK offices, seven businesses and three brands.

http://www.kellangroup.co.uk/

 

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