Kings Arms Yard Issue Of Equity And Total Voting Rights And Capital
October 31 2016 - 5:20AM
UK Regulatory
TIDMKAY
KINGS ARMS YARD VCT PLC
Issue of Equity and Total Voting Rights and Capital
Kings Arms Yard VCT PLC (the "Company") announces that, further to the
Dividend Reinvestment Scheme (details of which were set out in the
Dividend Reinvestment Scheme Terms & Conditions issued to shareholders
on 19 April 2011) the Company allotted 649,493 Ordinary shares of 1p
each (the "New Ordinary shares") in the capital of the Company on 31
October 2016. The New Ordinary shares were issued at a price of 19.16p
per Ordinary share, comprising the most recent net asset value less the
dividend of 0.5 pence per Ordinary share.
Of the 649,493 New Ordinary shares allotted on 31 October 2016, an
application has been made to the UK Listing Authority for the admission
of 483,806 New Ordinary shares to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market for
listed securities and it is expected that dealings will commence on or
before 1 November 2016. The New Ordinary shares will rank pari passu in
all respects with the existing Ordinary shares in issue.
A further application will be made to the UK Listing Authority for the
165,687 remaining shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's main
market for listed securities. It is expected that dealings will commence
on or before 8 November 2016. The New Ordinary shares will rank pari
passu in all respects with the existing Ordinary shares in issue.
Following the issue of the New Ordinary shares, the capital of the
Company as at 31 October 2016 consists of 283,993,804 Ordinary shares of
which 35,558,000 are in Treasury.
Therefore, the total number of voting rights in the Company is
248,435,804 which may be used by shareholders or other persons 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 and Transparency Rules.
For further information please contact:
Vikash Hansrani
Albion Ventures LLP
31 October 2016
Tel: 020 7601 1850
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Kings Arms Yard VCT PLC via Globenewswire
http://www.sparkventures.com
(END) Dow Jones Newswires
October 31, 2016 06:20 ET (10:20 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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