28th Sep 2015 07:00
28 September 2015
Hunters Property PLC
("Hunters" or "the Group")
Issue of equity
Hunters Property PLC, one of the UK's largest national sales and lettings estate agency businesses, announces today that application has been made for the admission to trading on AIM ("Admission") of 114,234 new ordinary shares of 4p pence each in the Company ("New Ordinary Shares"), of which 111,111 have been issued at 90p per New Ordinary Share pursuant to vendor consideration in respect of the acquisition of a lettings book, to bolster the Company's lettings operation, and 3,123 have been issued at 42p per New Ordinary Share pursuant to the exercise of share options. Admission is expected to occur on 1 October 2015.
The New Ordinary Shares rank pari passu with the Company's existing issued ordinary shares of 4 pence each ("Ordinary Shares"). Following Admission, the Company's issued share capital will comprise 28,271,009 Ordinary Shares carrying voting rights. This figure 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 in their interests in, the Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Hunters Property PLC Ed Jones, Chief Financial Officer
| 01904 756 197 |
Numis Securities Stuart Skinner, Paul Gillam (Nomad) David Poutney (Corporate Broking)
| 020 7260 1000 |
Smithfield Consultants Alex Simmons
| 0207 360 4900 |
Related Shares:
HUNT.L