Marlowe PLC Result of General Meeting (0953T)
July 15 2020 - 5:20AM
UK Regulatory
TIDMMRL
RNS Number : 0953T
Marlowe PLC
15 July 2020
15 July 2020
Marlowe plc
Result of General Meeting
Marlowe plc ("Marlowe" or the "Company"), the specialist
services group focused on developing companies which assure safety
and regulatory compliance, is pleased to confirm that, at the
General Meeting held today, all resolutions proposed were duly
passed.
Accordingly, further to the Results of the Placing announcement
dated 26 June 2020, the Company confirms that, subject to among
other matters admission becoming effective, it will on 17 July 2020
issue and allot 3,957,770 new ordinary shares of 50 pence each
("New Ordinary Shares") at a price of 478 pence per share pursuant
to the Second Placing. The New Ordinary Shares will represent
approximately 7.3 per cent. of the Company's enlarged ordinary
share capital.
Further details of the Acquisition and the Placing can be found
in the announcement dated 26 June 2020 and the circular posted to
shareholders on 29 June 2020. Other than where defined, capitalised
terms used in this announcement have the meanings given to them in
the announcement dated 26 June 2020.
Total Voting Rights
Following admission of the New Ordinary Shares, the Company's
issued ordinary share capital will comprise 54,413,759 ordinary
shares, none of which are held in treasury. Therefore, the total
number of ordinary shares with voting rights in Marlowe following
admission will be 54,413,759.
The above figure of 54,413,759 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 Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information:
Marlowe plc www.marloweplc.com
Alex Dacre, Chief Executive Tel: +44 (0) 203 841
6194
Mark Adams, Group Finance Director IR@marloweplc.com
Cenkos Securities plc - Nominated Adviser & Joint Broker
Nicholas Wells Tel: +44 (0)20 7397
8900
Ben Jeynes
Harry Hargreaves
Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker
Mark Whitmore Tel: +44 (0)20 3207
Ben Wright 7800
Yudith Karunaratna
FTI Consulting
Nick Hasell Tel: +44 (0)20 3727
1340
Alex Le May
About Marlowe plc
Marlowe is a UK leader in specialist services which assure
safety and regulatory compliance, whilst managing risk for
businesses across the country. The company was formed to create
sustainable shareholder value through the acquisition and
development of businesses that provide regulated inspection,
testing and compliance services. It is focused on health &
safety, employment law compliance, fire safety, security, water
treatment & hygiene, air quality and occupational health
services - all of which are vital to the wellbeing of its customers
operations and are invariably governed by regulation. Marlowe
currently provides technology enabled services to over 15% of
Britain's commercial premises and is increasingly attractive to
customers who require a single outsourced, nationwide, provider of
a comprehensive range of regulated compliance and safety services.
Our customers can be found in most office complexes, high streets
& leisure facilities, manufacturing plants and industrial
estates, and include SMEs, local authorities, facilities management
providers, multi-site NHS trusts and FTSE 100 companies.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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