26
February 2025
Aseana Properties
Limited
(the
"Company" the
"Group" or "Aseana")
Admission of Subscription
Shares
and
Total Voting
Rights
Aseana Properties Limited (LSE:
ASPL), a property developer in Malaysia listed on the main market
of the London Stock Exchange, announces an update on Admission of
the Subscription Shares following the passing of the Resolution at
the General Meeting.
First Admission
Application has been made for the
34,637,499 First Admission Shares to be admitted to trading on the
Main Market of the London Stock Exchange and to listing in the FCA
Official List Equity Shares (transition) category ("First Admission").
It is expected that First Admission
will become effective on or around 27 February 2025.
Second Admission
Conditional on the publication of
the Prospectus, an estimated 33,552,501 Subscription Shares (being
the Second Admission Shares) will be admitted to the Official List
Equity Shares (transition) category under Chapter 22 of the UKLR
and to trading on the Main Market of the London Stock Exchange as
soon as possible following First Admission and no later than 23
February 2026.
Total Voting Rights
In compliance with the FCA's
Disclosure Guidance and Transparency Rules (the "Rules"), the Company announces that, as
at the date of this announcement, it has an issued share capital of
241,377,496 Ordinary Shares of US$0.05 each with one vote per
Ordinary Share, and 2 Management Shares of $0.05 each, with one
vote per Management Share. The figure includes: (i) the
33,552,501 Second Admission Shares which are yet to be admitted to
trading and; (ii) the 13,334,000 Ordinary Shares which are held in
treasury. Voting rights on Treasury Shares are not
exercisable.
Therefore, the total number of
voting rights in Aseana is 228,043,498 and this figure may be used
by Shareholders as the denominator for the calculations by which
they can determine if they are required to notify their interest
in, or a change to their interest in the Company under the
Rules.
Unless otherwise defined, all capitalised terms used but not
defined in this announcement shall have the meaning given to them
in the Circular dated 21 January 2025, a copy of which is available
to view on the Company's website at: www.aseanapropertieslimited.com.
Enquiries:
