LightwaveRF PLC Issue of Equity & Total Voting Rights (0429A)
May 23 2019 - 10:57AM
UK Regulatory
TIDMLWRF
RNS Number : 0429A
LightwaveRF PLC
23 May 2019
23 May 2019
LightwaveRF plc
("LightwaveRF" or the "Company")
Issue of Equity
and
Total Voting Rights
Issue of Equity
Further to its announcements of 19 March 2019, 8 April 2019 and
29 April 2019, LightwaveRF (AIM: LWRF), the leading smart homes
solutions provider, announces that application has been made for
4,978,420 new Ordinary Shares to be admitted to trading on AIM.
These shares form part of the 10,329,600 Deferred Settlement
Shares, details of which were set out in the Company's circular
dated 1 March 2019. Admission is expected to occur at 8.00 a.m. on
24 May 2019 ("Admission").
The Company has agreed that settlement be deferred in respect of
the remaining 4,166,027 Deferred Settlement Shares, forming part of
the Conditional Subscription. Settlement of the remaining Deferred
Settlement Shares is expected by 28 June 2019.
Total Voting Rights
Following Admission, the Company will have 102,023,817 Ordinary
Shares in issue and admitted to trading on AIM. 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 under
the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.
A further announcement relating to the balance of the Deferred
Settlement Shares will be made in due course.
This announcement should be read in conjunction with the full
text of the Circular dated 1 March 2019, copies of which are
available on the Company's website at www.lightwaverf.com.
Capitalised terms in this announcement have the same meaning as
given in the Circular.
For further enquiries please contact:
LightwaveRF plc www.LightwaveRF.com
Jason Elliott, CEO +44 (0) 121 250 3625
Kevin Edwards, CFO
Stockdale Securities Limited
Tom Griffiths/David Coaten +44 (0) 20 7601 6100
Yellow Jersey PR www.yellowjerseypr.com
Charles Goodwin +44 (0) 7747 788 221
About LightwaveRF
LightwaveRF is the UK's only fully integrated home automation
company.
New customers typically buy a starter pack of Link Plus hub and
smart dimmer which has Apple HomeKit compatibility, 2-way
communication and built-in energy monitoring. Later adding other
easy to install devices from the Lightwave range enables further
in-home control, monitoring and automation of lighting, heating and
power.
Devices may be operated manually, by smartphone or tablet-based
apps and also through Google Assistant and Amazon Alexa voice
control.
Leading tech industry publication 9to5 Mac describes LightwaveRF
as "the best UK HomeKit solution for smart lighting".
For further information and "Newsletter sign up", please visit:
www.LightwaveRF.com/corporate/
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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