Elecosoft PLC Result of Scrip Dividend (5895V)
November 06 2017 - 1:00AM
UK Regulatory
TIDMELCO
RNS Number : 5895V
Elecosoft PLC
06 November 2017
6 November 2017
Elecosoft plc
("Elecosoft", the "Company" or the "Group")
Result of Scrip Dividend
Elecosoft plc (AIM: ELCO), the AIM-listed construction software
specialist, announces that further to the Company's announcement on
25 September 2017, it has received final results for the scrip
dividend alternative in respect of 44,332,224 existing ordinary
shares of 1p each in the capital of the Company ("Ordinary Shares")
received shares. This figure represents approximately 57.6 per
cent. of the Company's issued ordinary share capital.
Accordingly, based on the previously announced reference price
of 43.25p per share and the interim dividend of 0.20p per share, a
total of new ordinary shares of 1p each have been allotted by the
Company ("New Ordinary Shares") to shareholders to receive the
scrip dividend alternative.
Application has been made for 204,629 New Ordinary Shares to be
admitted to trading on AIM. Admission is expected to become
effective on 9 November 2017. Following Admission, Elecosoft will
have 77,440,700 Ordinary Shares. All Ordinary Shares shall have
equal voting rights and none of the Ordinary Shares are held in
treasury. The total number of voting rights in the Company
immediately following Admission will therefore be 77,440,700.
For further information please
contact:
Elecosoft plc www.elecosoft.com
JHB Ketteley, Executive Chairman Tel: 0207 422 0044
Jonathan Hunter, Group Marketing
& Business Development Director
finnCap Ltd
Adrian Hargrave / Kate Bannatyne Tel: 0207 220 0500
(Corporate Finance)
Camille Gochez (Corporate Broking)
Redleaf Communications
Elisabeth Cowell / Fiona Norman Tel: 0207 382 4730
elecosoft@redleafpr.com
About Elecosoft plc
Elecosoft is listed on the Alternative Investment Market in
London (AIM: ELCO). It is a specialist international provider of
software and related services to the architectural, engineering,
construction and digital marketing industries from centres of
excellence in the UK, Sweden, Germany and the US. Elecosoft's
market leading software solutions are developed by teams in the
United Kingdom, Sweden and Germany; and its software programs cover
project management, construction site management, estimating,
timber engineering, 3D design and visualisation, and cloud based
digital marketing solutions.
This information is provided by RNS
The company news service from the London Stock Exchange
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