Gamma Communications PLC Issue of Equity (8704T)
March 29 2021 - 12:06PM
UK Regulatory
TIDMGAMA
RNS Number : 8704T
Gamma Communications PLC
29 March 2021
29 March 2021
Gamma Communications plc
("Gamma" or the "Company")
Issue of Equity
Further to the announcement dated 3 March 2021, certain of the
vendors of Mission Labs have reinvested GBP2,846,186.27 in Gamma
(approximately 10% of their consideration received from the sale of
Mission Labs to Gamma), by way of a subscription for 182,086
ordinary shares of 0.25 pence each in the capital of the Company .
Accordingly, the Company has applied for admission of these new
ordinary shares to trading on AIM. Admission is expected to take
place at 8.00am on 6 April 2021.
The Company's total issued share capital following admission
will consist of 95,598,457 ordinary shares of 0.25 pence each with
one voting right per share. 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 share capital of the Company under
the FCA's Disclosure and Transparency Rules.
Gamma Communications plc Tel: +44 ( 0)333 006 5972
Andrew Taylor, CEO
Andrew Belshaw, Chief Financial Officer
Malcolm Goddard, Company Secretary
Investec Bank plc (NOMAD & Broker) Tel: +44 (0)20 7597 5970
Patrick Robb / Sebastian Lawrence
/ Virginia Bull
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