Acal PLC Exercise of share option (8011A)
March 29 2017 - 2:00AM
UK Regulatory
TIDMACL
RNS Number : 8011A
Acal PLC
29 March 2017
29 March 2017
Acal plc
EXERCISE OF SHARE OPTION
Acal plc (LSE:ACL, the "Company") announces that application has
been made to the UK Listing Authority and the London Stock Exchange
for a listing and admission of 15,336 ordinary shares of 5 pence
each in the Company ("Ordinary Shares"). These new Ordinary Shares
are being issued and allotted pursuant to the Company's 2008 Long
Term Incentive Plan and will rank equally with the existing issued
Ordinary Shares.
Following Admission, which is expected to take place on 31 March
2017, the total number of shares in issue and voting rights in the
Company will be 70,680,974 Ordinary Shares. There are no Ordinary
Shares held in treasury.
The above figure (70,680,974) 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 Financial Conduct Authority's
Disclosure and Transparency Rules.
For further information please contact:
Acal plc
Gary Shillinglaw: Group Company Secretary 01483 544500
Notes to Editors:
About Acal plc
Acal is a leading international supplier of customised
electronics to industry. It designs, manufactures and distributes
customer-specific electronic products and solutions to 25,000
industrial manufacturers and is listed on the London Stock Exchange
(LSE: ACL).
It has two divisions: Design & Manufacturing and Custom
Distribution. The majority of its sales comes from products and
solutions which are created specifically for a customer. Acal works
across a range of technologies, namely Communications &
Sensors, Power & Magnetics, Electromechanical & Cabling,
Microsystems and Imaging & Photonics.
Acal operates through the following wholly-owned businesses:
Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel,
Plitron, RSG, Stortech, Variohm and Vertec. It has operating
companies and manufacturing facilities in a number of markets,
including the UK, Germany, France, the Nordic region, Benelux,
Italy, Poland and Slovakia, as well as in Asia (China, India, South
Korea, Sri Lanka, and Thailand), North America (the US and Canada)
and South Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
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March 29, 2017 03:00 ET (07:00 GMT)