Issue of Equity (5673C)
May 02 2012 - 6:03AM
UK Regulatory
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RNS Number : 5673C
Utilico Investments Limited
02 May 2012
For immediate release on 2 May 2012
Utilico Investments Limited
Issue of equity
Utilico Investments Limited ("Utilico") announces the issue and
allotment of 432 ordinary shares of 10p each ("Shares"). These
Shares will rank pari passu with the existing ordinary shares in
issue and have been issued and allotted following the exercise of
397 2012 warrants ("Warrants) on the final exercise date of 30
April 2012. Application has been made for the Shares to be listed
on the Official List and admitted to trading on the London Stock
Exchange and dealings are expected to commence on 9 May 2012.
A total of 3,586,946 Warrants have not been exercised. In
accordance with the terms and conditions of the Warrants, since the
net proceeds of sale of the remaining Warrants (after deduction of
all costs and expenses incurred) would exceed the cost of
exercising the Warrants, such Warrants have now lapsed.
Following the exercise of the Warrants, the total number of
ordinary shares with voting rights in Utilico is 99,632,214.
The above figure (99,632,214) 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, Utilico under the FSA's Disclosure and Transparency
Rules.
For further information please contact:
ICM Limited
Secretary
Amanda Marsh Tel: 01372 221597
Westhouse Securities Limited
Financial Adviser and Broker
Alastair Moreton / Hannah Young Tel: 020 7601 6118
This information is provided by RNS
The company news service from the London Stock Exchange
END
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