Issue of Equity

RNS Number : 0873T

Sprue Aegis plc

10 October 2017

 

10 October 2017

Sprue Aegis plc 

("Sprue", the "Company" or the "Group")

ISSUE OF EQUITY

The Company announces that application has been made for the admission to trading on AIM ("Admission") of 50,000 new ordinary shares of 2 pence each in the Company ("Shares") pursuant to the exercise of employee share options.  Admission of the new Shares to trading on AIM is expected to occur on 13 October 2017.

The new Shares rank pari passu with the Company's existing issued ordinary shares of 2 pence each.  Following Admission, the Company's issued share capital will comprise 45,905,365 Shares carrying voting rights.  This figure 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 in their interests in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

For further information, please contact:

Sprue Aegis plc	02477 717700
Graham Whitworth, Executive Chairman Neil Smith, Group Chief Executive John Gahan, Group Finance Director
Stockdale Securities	0207 601 6100
Tom Griffiths

Vigo Communications Jeremy Garcia / Fiona Henson / Natalie Jones

020 7830 9700

Notes to Editors

About Sprue Aegis plc

Sprue's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.  Sprue is one of the market leaders in the European home safety products market and launched its own connected homes product proposition in December 2016. 

Sprue's principal products are smoke alarms, CO alarms and accessories and its products can be connected to the internet.  The Group has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under Sprue's leading brands of FireAngel, FireAngel Pro, SONA, AngelEye and FireAngel Connect.

For further product information, please visit:  www.sprue.com 

 

END

 

 

IOEMLBBTMBAMBIR