Kin and Carta PLC Additional Listing (8648T)
March 30 2021 - 01:00AM
UK Regulatory
TIDMKCT
RNS Number : 8648T
Kin and Carta PLC
30 March 2021
30 March 2021
Kin and Carta plc
Additional listing
Kin and Carta plc (the "Company" or "Kin and Carta") announces
that, pursuant to its acquisition of Spiremedia, Inc. (doing
business as Kin and Carta Denver), as announced on 22 November 2019
and 27 November 2019, an application has been made to the Financial
Conduct Authority ("FCA") for the admission of a further 3,608,707
ordinary shares of 10p each to the premium listing segment of the
Official List and to the London Stock Exchange for admission to
trading on its main market for listed securities, relating to the
second deferred consideration for Spiremedia, Inc (the
"Consideration Shares").
The Consideration Shares are issued pursuant to the Stock
Purchase Agreement between the Company and the vendors of
Spiremedia, Inc. and rank pari passu with the existing issued
ordinary shares of the Company. 2,311,944 of the Consideration
Shares are subject to lock-up and orderly market arrangements.
It is expected that admission of the Consideration Shares will
become effective on 31 March 2021.
In accordance with the Financial Conduct Authority's Disclosure
Guidance and Transparency Rule 5.6.1R, following this issue, Kin
and Carta's issued share capital consists of 172,544,972 ordinary
shares. The Company holds 90,637 ordinary shares in treasury.
Therefore, the total number of voting rights (one vote per ordinary
share) in Kin and Carta plc is 172,454,335. Shareholders may use
this figure 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, Kin and Carta under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
Kin + Carta
J Schwan CEO +44 (0) 20 7928
Chris Kutsor CFO 8844
Powerscourt +44 (0) 7970 246
Elly Williamson / Jack Shelley 725
Numis Securities Limited
Nick Westlake / Matt Lewis +44 (0)207 260 1345
Peel Hunt LLP +44 (0) 20 7418
Edward Knight / John Welch 8900
About Kin and Carta
Kin + Carta is a responsible and growing global digital
technology services company delivering outcome-based transformation
across four key elements of the digital transformation value chain;
data, technology, experience, and organisational change.
To serve and scale within the rapidly growing digital
transformation market, Kin + Carta is structured as a
platform-based organisation that enables the borderless connection
of three valuable schools of specialist talent:
-- Kin + Carta Advise - Digitally native management consultancy.
Our sector-focused consultants help the C-Suite better understand
the shifts in their market and how their products and services need
to evolve.
-- Kin + Carta Create - Modern cloud, data and software
engineering studio. Our 800+ data scientists, software engineers
and designers utilise emerging technologies to create new products
and platforms for our CIO clients.
-- Kin + Carta Connect - Data-driven marketing technology
agency. Our MarTech experts help our CMO clients amplify their
digital investments by implementing and optimising modern marketing
technology and data platforms.
Headquartered in London and Chicago, Kin + Carta nurtures c1,500
engineers, strategists and designers within a maker-culture that
serves the healthcare, financial services, B2B, consumer,
agriculture and transportation sectors.
Kin + Carta is on the road to achieving B Corp certification for
all its operating subsidiaries, meeting the highest standards of
verified social and environmental performance, public transparency,
and accountability to balance profit and purpose.
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END
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