Boxhill Technologies PLC Issue of New Ordinary Shares (7804A)
09 Juni 2016 - 4:30PM
UK Regulatory
TIDMBOX
RNS Number : 7804A
Boxhill Technologies PLC
09 June 2016
9 June 2016
BOXHILL TECHNOLOGIES PLC
("Boxhill", the "Group" or the "Company")
Issue of New Ordinary Shares
Further to the announcement of 10 February 2016, the Company has
today issued 400,000,000 new ordinary shares of 0.1 pence each
("Ordinary Shares") in the Company in conversion of GBP1,600,000 of
0% unsecured, undated, convertible loan stock issued in
consideration for the acquisition of Emex (UK) Group Limited, and
the associated company, FreePayMaster Limited (the "Conversion
Shares"). The Company is unaware of any new holder of 3% or greater
of the issued share capital of the Company following the issue of
the Conversion Shares.
An application has been made for the Conversion Shares to be
admitted to trading on AIM with effect from 15 June 2016.
Following the issue of the Conversion Shares, the Company will
have a total of 1,855,829,770 Ordinary Shares in issue. The above
figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or change to their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
For further information contact:
Boxhill Technologies PLC 020 7493 9644
Lord Razzall, Executive Chairman
Website www.boxhillplc.com
Allenby Capital Limited (Nomad & Broker)
John Depasquale/Nick Harriss/ Richard Short 020 3328 5656
This information is provided by RNS
The company news service from the London Stock Exchange
END
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