TIDMCVR

RNS Number : 9786V

Conviviality PLC

03 February 2017

3 February 2017

Conviviality Plc

(the "Company")

Issue of Equity

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

63,750 new ordinary shares of GBP0.0002 each in the Company ("Ordinary Shares") have been issued as a result of an exercise of employee share options.

In addition, the Company has issued 180 new Ordinary Shares 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.

As such, application has been made for 63,930 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 9 February 2017. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following allotment of the new Ordinary Shares, the total issued share capital of the Company will consist of 172,573,768 Ordinary Shares with one voting right per share.

The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 172,573,768. This 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.

Enquiries:

 
 Conviviality Plc                     Tel: 012 7061 4700 
  Diana Hunter, Chief Executive 
  Officer 
  Andrew Humphreys, Chief Financial 
  Officer 
 Investec Bank plc (NOMAD &           Tel: 020 7597 4000 
  Joint Broker) 
  Garry Levin / David Flin / 
  Daniel Adams 
 Zeus Capital (Joint Broker)          Tel: 020 7533 7727 
  John Goold / Adam Pollock / 
  Nick Cowles 
 FTI Consulting                       Tel: 020 3727 1000 
  Jonathon Brill / Alex Beagley 
  / Fiona Walker

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 03, 2017 03:57 ET (08:57 GMT)

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