TIDMCEPS

RNS Number : 8252S

CEPS PLC

28 June 2018

CEPS PLC

("CEPS" OR THE "COMPANY")

Result of Placing

Total Voting Rights

Result of Placing

Pursuant to the announcement on 27 June 2018 by the Company regarding a proposed placing ("Placing"), the Company is pleased to announce that it has successfully placed 3,800,060 new ordinary shares at a price of 35 pence per share to raise GBP1,330,021 (before expenses) with a CEPS director, an institutional investor and a private investor all being the related parties identified in the Company's announcement of 27 June 2018. A PDMR notification form for the CEPS director who participated in the Placing has been included as an appendix to this announcement.

Application for Admission to AIM

Application will today be made to the London Stock Exchange to admit the Placing Shares to trading on AIM and admission is expected to occur on or around 3 July 2018. The Placing Shares will when issued rank pari passu with the Company's existing ordinary shares.

Total Voting Rights

Following the issue of the Placing Shares, the enlarged issued share capital of the Company will comprise 17,000,000 ordinary shares of 10 pence each. 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 Disclosure and Transparency Rules.

This notification contains Inside Information for the purposes of Article 7 of EU Regulation 596/2014. Upon publication of this notification, this information is now considered to be in the public domain.

Enquiries

 
 CEPS PLC 
  David Horner, Chairman                    +44 1225 483030 
 Cairn Financial Advisers LLP 
  Tony Rawlinson, James Caithie, Richard    +44 20 7213 
  Nash                                       0880 
 

David Horner - PDMR Notification Form

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------- 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ------------------------------------------------------------------ 
 a.     Name                           David Horner 
-----  -----------------------------  ----------------------------------- 
 2      Reason for 
         notification 
-----  -----------------------------  ----------------------------------- 
 a.     Position/Status                Chairman of CEPS plc 
-----  -----------------------------  ----------------------------------- 
 b.     Initial notification/          Initial notification 
         Amendment 
-----  -----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
       ------------------------------------------------------------------ 
 a.     Name                           CEPS plc 
-----  -----------------------------  ----------------------------------- 
 b.     LEI                            213800OL8W8NIPSMFN59 
-----  -----------------------------  ----------------------------------- 
 4      Details of the transaction(s): section to 
         be repeated for (i) each type of instrument; 
         (ii) each type of transaction; (iii) each 
         date; and (iv) each place where transactions 
         have been conducted 
-----  ------------------------------------------------------------------ 
 a.     Description                    Ordinary Shares of 10 pence 
         of the financial 
         instrument, 
         type of instrument 
                                        GB00B86TNX04 
         Identification 
         Code 
-----  -----------------------------  ----------------------------------- 
 b.     Nature of the                  Acquisition of Shares 
         transaction 
-----  -----------------------------  ----------------------------------- 
 
 c.     Price(s) and                    Price(s)         Volume(s) 
         volume(s) 
-----  -----------------------------   ---------------  -------------- 
    35 pence                                             881,310 
   ---------------------------------------------------  -------------- 
 
 d.     Aggregated 
         information 
 
         - Aggregated 
         Volume                          GBP308,458.50 
 
         - Price 
-----  -----------------------------  ----------------------------------- 
 e.     Date of the                    28 June 2018 
         transaction 
-----  -----------------------------  ----------------------------------- 
 f.     Place of the                   AIM 
         transaction 
-----  -----------------------------  ----------------------------------- 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 28, 2018 02:00 ET (06:00 GMT)

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