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
 
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