TIDMUSG

RNS Number : 3136J

Ultimate Sports Group PLC

27 June 2017

Ultimate Sports Group Plc ('USG' or 'the Company')

Issue of Equity

Ultimate Sports Group Plc, the AIM listed investment vehicle, announces that it has agreed to issue 200,000 new ordinary shares of 10p each in the capital of the Company ("New Ordinary Shares") to Northland Capital Partners in lieu of services provided to USG.

Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM ("Admission"), which is expected to occur on 3 July 2017.

Following Admission, the Company will have 22,811,638 Ordinary Shares in issue. The Company has no shares in treasury, therefore the figure of 22,811,638 should 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 of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

**ENDS**

For further information please visit www.ultimatesportsgroup.me or contact:

 
Ultimate Sports Group PLC                 +44 (0)20 7935 
 Geoffrey Simmonds, Chief Executive                 0823 
St Brides Partners Ltd (Financial 
 PR)                                      +44 (0)20 7236 
 Charlotte Page / Isabel de Salis                   1177 
Cantor Fitzgerald Europe (Nomad 
 and Joint Broker)                        +44 (0)20 7894 
 Marc Milmo / Catherine Leftley                     7000 
Northland Capital Partners Limited 
 (Joint Broker)                           +44 (0)20 3861 
 Matthew Johnson / Chris Coleman                    6625 
Dowgate Capital Stockbrokers 
 Limited (Joint Broker) 
 Neil Badger / Jason Robertson        +44 (0)1293 517744 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOELLFVLRDIDFID

(END) Dow Jones Newswires

June 27, 2017 08:00 ET (12:00 GMT)

Insig Ai (LSE:INSG)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Insig Ai Charts.
Insig Ai (LSE:INSG)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Insig Ai Charts.