Issue of Equity

RNS Number : 5352Q
Adams PLC
01 September 2014
 



Adams Plc

("Adams" or the "Company")

 

Issue of Equity

 

The Board of Adams announces that the Company has issued 1,503,406 new Ordinary Shares in the Company pursuant to the exercise of warrants.

Application has been made for the 1,503,406 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on or around 5 September 2014.  The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.  Following the issue of the new Ordinary Shares outlined above, there will be 17,669,798 Ordinary Shares in issue.  This number 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 a change in their interest in, the share capital of the Company.

 

For further information, please contact:

 

Adams plc


Nicholas Nelson

Tel:  +44 7921 522 920





Nomad


Cairn Financial Advisers LLP


Sandy Jamieson

Tel:  +44 207 148 7900



Broker


Peterhouse Corporate Finance Limited


Heena Karani

Tel:  +44 207 469 3393



 

                                                                                               


This information is provided by RNS
The company news service from the London Stock Exchange
 
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