Mercom Capital Plc Issue of equity and total voting rights (6097Q)
November 30 2016 - 12:00PM
UK Regulatory
TIDMMCC
RNS Number : 6097Q
Mercom Capital Plc
30 November 2016
30 November 2016
Mercom Capital Plc
("Mercom" or "the Company")
Issue of equity
Total voting rights
The Company announces that it has issued and allotted 250,000
new ordinary shares as a result of the exercise of warrants granted
to Beaufort Securities Limited as part of their corporate broking
advisory services fees (the "New Ordinary Shares"). The warrants
were exercised at a price of 5p per share.
Application will be made for the New Ordinary Shares, which rank
pari passu with the Company's existing ordinary shares, to be
admitted to trading on AIM ("Admission"). It is anticipated that
Admission will be effective on 6 December 2016.
The Company's share capital, including the New Ordinary Shares,
consists of 32,826,773 ordinary shares with voting rights. The
Company does not hold any ordinary shares in treasury. Therefore,
the total number of voting rights in the Company is 32,826,773.
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 FCA's Disclosure Guidance and Transparency
Rules.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
For further information, please contact:
Mercom Capital Plc
John Zorbas 001 416 504 3978
Northland Capital Partners
Limited
Nominated Adviser and
Broker
Edward Hutton / Matthew
Johnson +44 (0) 20 3861 6625
Beaufort Securities
Limited
Joint Broker
Elliot Hance +44 (0) 20 7382 8300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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