Source - RNS
RNS Number : 4673T
Conviviality PLC
12 October 2017
 

12 October 2017

Conviviality Plc
(the "Company")

Issue of Equity, Total Voting Rights and Block Listing Application

Conviviality Plc (AIM: CVR), the UK's leading independent wholesaler and distributor of alcohol and impulse serving consumers through its franchised retail outlets and through hospitality and food service, announces that application has been made to the London Stock Exchange for 18,500 new ordinary shares of £0.0002 each (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission").

The New Ordinary Shares have been issued to the trustee of the Company's Franchisee Benefit Trust for the purpose of satisfying the vesting of awards granted under the Company's Franchisee Incentive Plan.

The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of £0.0002 each in the capital of the Company ("Ordinary Shares") and Admission of the New Ordinary Shares is expected to take place on 18 October 2017.

Total Voting Rights

Following the issue of the New Ordinary Shares, the Company will have a total of 175,145,709 Ordinary Shares, each carrying one voting right. The Company does not hold any shares in Treasury. Therefore, the above 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.

Block Listing Application

The Company announces that a further application has been made to the London Stock Exchange for a block listing of securities in respect of 521,353 ordinary shares of £0.0002 each (the "New Block Listing Shares") to be admitted to trading on AIM under the Company's existing block listing arrangement for the Conviviality Plc Share Option Plan 2015.

The New Block Listing Shares will be issued from time to time in order to satisfy the exercise of share options granted under the Conviviality Plc Share Option Plan 2015. It is expected that admission of the New Block Listing Shares will become effective on 18 October 2017. 

When issued, the New Block Listing Shares will be credited as fully paid and will rank pari passu in all respects with the Ordinary Shares.

 

Enquiries:

Conviviality Plc                                                                                 Tel: 01270 614 700
Diana Hunter, Chief Executive Officer
Andrew Humphreys, Chief Financial Officer

Investec (Nominated Adviser and Broker)                           Tel: 020 7597 5970
Garry Levin / David Flin / Daniel Adams

FTI Consulting                                                                                   Tel: 020 3727 1000
Jonathon Brill / Georgina Goodhew / Fiona Walker

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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