Embargoed until: 0700hrs, 31 July 2014
Kromek Group plc
("the Company")
Block Listing Update and Additional Listing
Further to the announcement on 30 January 2014, the Company declares that a total of 532,500 ordinary shares of 1p each in the share capital of the Company ("Ordinary Shares") have been issued since that date as a result of the exercise of share options, up to and including 30 July 2014. This is pursuant to the Company's EMI Option Scheme admitted to trading in accordance with the block listing applied for at that time (the "Block Listing").
As a result of the exercise of options, the total number of ordinary shares in issue as at 30 July 2014 is 108,012,335 ordinary 1p shares.
An update in accordance with Schedule 6 of the AIM Rules for Companies indicates that a balance of 1,345,000 ordinary shares remain available from the original block listing, which is considered adequate for the foreseeable future.
In addition, application has been made to the London Stock Exchange for an additional listing of 130,955 ordinary 1p shares, relating to a loan converted into ordinary shares. Admission to trading on AIM is expected on or around 6 August 2014.
Subsequent to the above, and following admission on the additional 130,955 shares, the total number of voting rights will be 108,143,290 shares with no shares held in treasury. This figure may be used by shareholders in the Company 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, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Kromek Group Plc Arnab Basu, CEO Derek Bulmer, CFO |
Tel: 01740 626060 |
Panmure Gordon As Nominated Adviser and Broker Corporate Finance Freddy Crossley Broking Charles Leigh-Pemberton |
Tel: 020 7886 2500 |
Tavistock Communications John West Andrew Dunn |
Tel: 020 7920 3150 |
