Esken Limited Issue of Equity (3126X)
May 04 2021 - 1:00AM
UK Regulatory
TIDMESKN
RNS Number : 3126X
Esken Limited
04 May 2021
4 May 2021
ESKEN LIMITED
('Esken' or 'the Company')
Issue of shares
Esken, the aviation and energy infrastructure group, announces
that it has agreed to issue 6,000,000 ordinary shares of 10 pence
each (the "Shares") to DLP Holdings sarl, a Luxembourg company
wholly-owned by funds managed by Cyrus Capital Partners LP
("Cyrus"). The Shares will be issued in satisfaction of a put
option between Esken and Cyrus arising out of their previous
interest in Connect Airways.
Applications have been made for the Shares to be admitted to the
premium segment of the Official List of the Financial Conduct
Authority and to trading on the London Stock Exchange's main market
for listed securities ("Admission"). It is expected that Admission
will become effective and dealings in the Shares will commence at 8
a.m. on or around 7 May 2021. The Shares will rank pari passu in
all respects with the Company's existing ordinary shares.
Following this share issue, the total issued share capital of
the Company will consist of 630,926,123 ordinary shares of 10 pence
each (with each ordinary share having one vote) and 1,000
non-voting deferred shares of 0.1 pence each. No shares are held in
treasury. Accordingly, the total number of voting rights in the
Company as at 7 May 2021 will be 630,926,123 and 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 in their interest in, the share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries:
Esken Limited
Charlie Geller, Communications Director
C/O Tulchan Communications
Tulchan Communications 020 7353 4200
Olivia Peters/David Allchurch esken@tulchangroup.com
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END
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