Malvern International PLC Issue of Equity (8378B)
September 25 2018 - 3:24AM
UK Regulatory
TIDMMLVN
RNS Number : 8378B
Malvern International PLC
25 September 2018
25 September 2018
MALVERN INTERNATIONAL PLC
("Malvern" or the "Company")
Conversion of Loan Notes and Issue of Equity
Malvern International plc (AIM: MLVN), the provider of
educational services in the UK, Europe and Asia, announces that it
has issued and allotted 4,637,960 new ordinary shares of 1p each
pursuant to the conversion of GBP231,898 of the convertible loan
notes held by KSP Investments Pte Limited ("KSP") (the "Loan Note
Conversion"). Application has been made for the 4,637,960 new
ordinary shares arising pursuant to the Loan Note Conversion to be
admitted to trading on AIM ("Admission"). Dealings are expected to
commence on 01 October 2018. Following the Loan Note Conversion
there are no outstanding convertible loan notes that are held by
KSP.
In accordance with the provisions of the Disclosure and
Transparency Rules of the Financial Conduct Authority, the Company
confirms that following this Loan Note Conversion its issued share
capital comprises 243,426,293 Ordinary Shares of 1p each. All of
the Ordinary Shares have equal voting rights and none of the
Ordinary Shares are held in Treasury. The total number of voting
rights in the Company is therefore 243,426,293. 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 Disclosure and Transparency Rules.
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
ENDS
Enquiries:
Malvern International PLC www.malverninternational.com
Dr. Sam Malafeh - CEO Via Walbrook PR
Navin Khattar - Non-Executive
Director
WH Ireland Limited (NOMAD) Nominated Adviser & Broker
Mike Coe +44 (0) 117 945 3470
Walbrook PR
Tom Cooper / Paul McManus +44 (0) 20 7933 8780
+44 (0) 797 122 1972
tom.cooper@walbrookpr.com
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END
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