Utilitywise plc Issue of Equity (5176M)
May 07 2015 - 7:37AM
UK Regulatory
TIDMUTW
RNS Number : 5176M
Utilitywise plc
07 May 2015
Utilitywise plc
("Utilitywise" or the "Company")
Issue of Equity
Utilitywise, a leading independent utility cost management
consultancy, today announces that 96,696 ordinary shares of 0.1p
each in the share capital of the Company ("Ordinary Shares") have
been issued and allotted.
61,402 new Ordinary Shares have been allotted as deferred
consideration payable following the completion of the Icon
Communications earn out period with the balance of 35,294 new
Ordinary Shares allotted pursuant to the exercise of share options
by a former employee.
Application has been made for the 96,696 new Ordinary Shares to
be admitted to trading on AIM ("Admission") and dealings are
expected to commence on 8 May 2015. The new Ordinary Shares rank
pari passu with the Company's existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission
will be 76,582,349. Accordingly, the figure of 76,582,349 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 and Transparency Rules.
For further information:
Utilitywise PLC 0870 626 0559
Geoff Thompson, CEO
Andrew Richardson, Deputy CEO
Jon Kempster, CFO
finnCap (NOMAD and joint broker) 020 7220 0500
Matt Goode / Grant Bergman (Corporate
Finance)
Simon Johnson (Corporate Broking)
Liberum (Joint broker) 020 3100 2000
Robert Morton / Steve Pearce
Redleaf PR 020 7382 4730
Rebecca Sanders-Hewett / David
Ison
About Utilitywise
Utilitywise is a leading independent utility cost management
consultancy based in North Tyneside. The Group has established
trading relationships with a number of major UK energy suppliers
and provides services to its customers designed to assist them in
achieving better value out of their energy contracts, reduced
energy consumption and lower carbon footprint.
Businesses large and small rely on Utilitywise for their energy
management needs. Clients range in size from high street shops to
multinationals with thousands of sites and cover the whole of the
UK. In total, Utilitywise has over 23,000 customers.
Utilitywise is a UK company quoted on the AIM market of the
London Stock Exchange. For more information, please visit
www.utilitywise.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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