Plastics Capital PLC Application for Admission (9200G)
June 01 2017 - 10:28AM
UK Regulatory
TIDMPLA
RNS Number : 9200G
Plastics Capital PLC
01 June 2017
Plastics Capital plc
("Plastics Capital" the "Company" or the "Group")
Application for Admission
Plastics Capital, the niche plastics products group, announces
that an application has been made for 50,063 ordinary shares of 1p
each to be admitted to trading on AIM ("Admission"). This
application relates to an historic exercise of share options by
certain of the Company's management team and resultant issue of new
ordinary shares, as announced on 30 June 2008. Admission is
expected to occur at 8.00 a.m. on 5 June 2017.
Following Admission the total number of voting rights in the
Company will remain unchanged at 38,945,151.
Contacts:
Plastics Capital Tel: 020 7978 0574
plc
Faisal Rahmatallah,
Executive Chairman
Nick Ball, Finance
Director
Cenkos Securities Tel: 020 7397 8900
plc
(Nomad and Joint
broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited Tel: 020 3328 5656
(Joint broker)
David Hart
Katrina Perez
James Reeve
Notes to Editors
Plastics Capital is a niche manufacturer of specialist plastic
products. Applications for these products vary widely and examples
include:
-- Packaging for the food manufacturing and distribution - films, sacks and pouches
-- Steering columns and instrument control knobs in the
automotive industry - plastic ball bearings
-- Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel
-- Cardboard box manufacture - plastic creasing matrices
Plastics Capital's business model is based on understanding
customers' problems in depth, and then developing and mass
producing proprietary, technical solutions for these problems.
The business operates through two divisions, Films and
Industrial, and has the majority of its production in five UK based
factories, with a further three factories in Asia. Approximately 45
per cent. of its GBP65 million sales are made outside the UK to
more than 80 countries.
Further information can be found on www.plasticscapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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