Charles Taylor Issue of Equity
August 14 2017 - 7:40AM
UK Regulatory
TIDMCTR
CHARLES TAYLOR PLC - Issue of Equity
14 August 2017
Charles Taylor plc ("the Company")
Issue of Equity
The Company announces that 96,782 new Ordinary Shares of 1p each were
allotted, conditional on admission, in respect of the first annual earn-out
payment to the vendors of CEGA Solutions Limited, which the Company acquired
on 25 July 2016. Application has been made to the UK Listing Authority and the
London Stock Exchange for the 96,782 new Ordinary Shares to be admitted to the
Official List and to trading on the Main Market. Admission of the shares is
expected to occur on 15th August 2017.
Following admission, the Company will have 68,503,785 Ordinary Shares in issue
with voting rights. This information is provided in accordance with the FCA's
Disclosure Guidance and Transparency Rule 5.6.1R. The Company has no Ordinary
Shares held in treasury, therefore following admission the total of 68,503,785
Ordinary Shares 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 Company under
the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
Anthony Llewellyn - Deputy Group Company Secretary - 020 3320 8966
Ivan Keane - Group Company Secretary and General Counsel - 020 3320 2206
Charles Taylor plc
14 August 2017
Notes to editors
About Charles Taylor
Charles Taylor provides professional services to make the business of
insurance work efficiently. We have been providing insurance-related
professional services since 1884 and today we employ over 1,850 permanent and
contract staff in 72 offices spread across 28 countries in the UK, the
Americas, Asia Pacific, Europe the Middle East and Africa.
The Group operates through three businesses - Management Services, Adjusting
Services and Insurance Support Services. We also own international life
insurers, creating value by undertaking targeted acquisitions and achieving
operational efficiencies.
Our breadth of services, our technical skills and resources and our global
presence means we can manage and resolve virtually any insurance-related
matter, wherever and whenever it occurs.
Further information is available at www.ctplc.com
END
(END) Dow Jones Newswires
August 14, 2017 07:40 ET (11:40 GMT)
Charles Taylor (LSE:CTR)
Historical Stock Chart
From Apr 2024 to May 2024
Charles Taylor (LSE:CTR)
Historical Stock Chart
From May 2023 to May 2024