Conversion of Subscription Shares

RNS Number : 5385T

Artemis Alpha Trust PLC

06 January 2017

 

ARTEMIS ALPHA TRUST PLC

Conversion of Subscription Shares

Artemis Alpha Trust plc (the "Company") announces that 2,885 ordinary shares of 1p each in the capital of the Company (the "New Shares") have been issued on Thursday, 5 January 2017 following the exercise of subscription rights by holders of a corresponding number of subscription shares of 1p each in the capital of the Company (the "Subscription Shares"), conditional only on the New Shares being admitted by the Financial Conduct Authority (the "FCA") to the premium segment of the Official List and by the London Stock Exchange to trading on its main market (together, "Admission").  The New Shares will rank pari passu in all respects with the existing ordinary shares of 1p each in the capital of the Company ("Ordinary Shares").

Applications have been made for Admission and Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on Thursday, 12 January 2017. Following the issue of the New Shares, the Company's issued share capital will comprise 42,902,681 Ordinary Shares, of which 1,774,706 are held in treasury, and 6,859,138 Subscription Shares (which carry no voting rights).  Therefore, the total number of shares with voting rights in the Company will be 41,127,975 Ordinary Shares.

The above figure (41,127,975) may be used by Ordinary Shareholders and other investors 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 please contact:

Artemis Fund Managers Limited

Company Secretary

Telephone: [phone]

6 January 2017

 

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