Elecosoft PLC Result of Scrip Dividend (0196G)
November 01 2018 - 6:19AM
UK Regulatory
TIDMELCO
RNS Number : 0196G
Elecosoft PLC
01 November 2018
Elecosoft plc
("Elecosoft" or the "Company")
Result of Scrip Dividend
Elecosoft plc (AIM: ELCO), the AIM-listed construction software
specialist, announces that further to the Company's announcement on
12 September 2018, it has received final results for the scrip
dividend alternative in respect of 45,647,591 existing ordinary
shares of 1p each in the capital of the Company ("Ordinary
Shares"). This figure represents approximately 58.63 per cent. of
the Company's issued Ordinary Share capital.
Accordingly, based on the previously announced reference price
of 84.8 pence per share and the final approved dividend of 0.28p
per share, a total of 153,240 new Ordinary Shares have been
allotted by the Company to shareholders to receive the scrip
dividend.
Pursuant to the scrip dividend, the following Directors will
receive new Ordinary Shares in the Company:
Name Position Number of New Ordinary Total number % of the
existing Shares pursuant of Ordinary issued share
Ordinary to the Scrip Shares held capital following
Shares held Dividend following Admission
Admission
Executive
John Ketteley Chairman 9,205,735 30,113 9,235,113 11.84%
Non-Executive
David Dannhauser Director 447,862 1,477 449,339 0.57%
Application has been made for 153,240 new Ordinary Shares to be
admitted to trading on AIM. Admission is expected to become
effective on 2 November 2018. Following Admission, Elecosoft will
have 78,008,118 Ordinary Shares in issue. All Ordinary Shares shall
have equal voting rights and none of the Ordinary Shares are held
in treasury. The total number of voting rights in the Company
immediately following Admission will therefore be 78,008,118.
Enquiries:Elecosoft plc +44 (0)20 7422 8000
John Ketteley, Executive Chairman
Jonathan Hunter, Chief Operating Officer
Ben Moralee, Group Finance Director
finnCap Limited +44 (0)20 7220 0500
Henrik Persson/Kate Bannatyne (Nomad)
Camille Gochez (ECM)
Redleaf Communications +44 (0)20 3757 6880
Elisabeth Cowell/ Fiona Norman elecosoft@redleafpr.com
About Elecosoft plc
Elecosoft plc is an AIM-listed (ELCO-GB) software
Company with interests based principally in
the UK, Sweden, Germany, Benelux, and the
US. Elecosoft develops award winning software
applications and related services to the architectural,
engineering, construction and owner/operator
sectors.
Elecosoft delivers a portfolio of software
for project management, estimation, visualisation,
Building Information Modelling (BIM), property
management and digital marketing disciplines
Elecosoft's software and services are used
during early planning stages through to construction
and facilities management, driving the performance
and day-to-day operations of its customers'
businesses
Elecosoft's broad, and increasingly integrated,
product offering opens up exciting prospects
to cross-sell and expand internationally as
the company grow the company's re-seller network
For further information please visit www.Elecosoft.com.
Notification and public disclosure of transactions
by persons discharging managerial responsibilities
and persons closely associated with them 1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Ketteley
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Executive Chairman
------------------------------- ----------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Elecosoft plc
------------------------------- ----------------------------------
b) LEI 21380016GT9Z6ZQX4T37
------------------------------- ----------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
Financial instrument, ("Ordinary Shares")
type of instrument
Identification code ELCO GB0003081246
------------------------------- ----------------------------------
b) Nature of the transaction Issue of Ordinary Shares pursuant
to scrip dividend
------------------------------- ----------------------------------
c) Price(s) and volume(s) 84.8 pence per Ordinary Share
30,113 Ordinary Shares
------------------------------- ----------------------------------
d) Aggregated information:
Aggregated volume See 4c) above
Price
------------------------------- ----------------------------------
e) Date of the transaction 2 November 2018
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Dannhauser
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------------- ----------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Elecosoft plc
------------------------------- ----------------------------------
b) LEI 21380016GT9Z6ZQX4T37
------------------------------- ----------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary shares of 1 pence each
Financial instrument, ("Ordinary Shares")
type of instrument
Identification code ELCO GB0003081246
------------------------------- ----------------------------------
b) Nature of the transaction Issue of Ordinary Shares pursuant
to scrip dividend
------------------------------- ----------------------------------
c) Price(s) and volume(s) 84.8 pence per Ordinary Share
1477 Ordinary Shares
------------------------------- ----------------------------------
d) Aggregated information:
Aggregated volume See 4c) above
Price
------------------------------- ----------------------------------
e) Date of the transaction 2 November 2018
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
------------------------------- ----------------------------------
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END
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