16 December 2015
Filtronic plc ("Filtronic" or the "Company")
Results of General Meeting, Total Voting Rights and Directors' Dealings
Earlier today Filtronic announced the results of the Open Offer of up to 19,999,373 Open Offer Shares at 5.0 pence per share (the "Open Offer"), which was conditional on, inter alia, shareholder approval.
The Board of the Company is pleased to announce that at the General Meeting held at 12 noon today, the Resolutions were duly passed, by the requisite majorities, on a show of hands.
Accordingly, an application has been made to the London Stock Exchange for 10,033,160 new Ordinary Shares to be to be admitted to trading on AIM, which is expected to occur at 8.00 a.m. on 21 December 2015 ("Admission"). The new Ordinary Shares will rank pari passu in all respects with the Existing Ordinary Shares of the Company.
Total Voting Rights
Following Admission, the Enlarged Ordinary Share Capital of the Company will consist of 206,910,146 Ordinary Shares. Therefore, the total number of voting rights in the Company is 206,910,146 and 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 to their interest in the Company.
Directors' Dealings
The following Directors have subscribed for Ordinary Shares under the Open Offer and will hold the following number of shares after Admission:
|
Existing Ordinary Shares held |
Number of Open Offer Shares subscribed for under the Open Offer |
Number of Open Offer Share subscribed for under the Excess Application Facility |
Number of Ordinary Shares held following Admission |
Percentage of Enlarged Share Capital following Admission |
Rob Smith |
57,656 |
5,857 |
194,143 |
257,656 |
0.12 |
Reg Gott |
154,429 |
15,687 |
184,313 |
353,429 |
0.17 |
Michael Roller |
28,833 |
2,929 |
70,000 |
101,762 |
0.05 |
Unless otherwise stated, terms and expressions defined in the circular to Shareholders dated 24 November 2015 shall have the same meaning in this announcement.
For further information please contact:
Filtronic plc |
Tel. 0113 220 0000 |
Rob Smith (CEO) |
|
Maura Moynihan (Company Secretary) |
Tel. 01274 535 619 |
|
|
Panmure Gordon (UK) Limited |
Tel. 020 7886 2500 |
Dominic Morley / Alina Vaskina (Corporate Finance) Erik Anderson / Tom Salvesen (Corporate Broking) |
|
|
|
Walbrook PR Limited |
Tel. 020 7933 8780 or [email protected] |
Paul Cornelius Helen Cresswell |
Mob. 07866 394 707 Mob. 07841 917 679 |
