Issue of Equity

RNS Number : 4596A

Malvern International PLC

28 December 2017

 

28 December 2017

MALVERN INTERNATIONAL PLC

("Malvern" or the "Company")

Conversion of Loan Notes and Issue of Equity

Malvern International plc (AIM: MLVN), the provider of educational services in the UK, Europe and Asia, announces that it has issued and allotted 2,000,000 new ordinary shares of 5p each pursuant to the conversion of £100,000 of the convertible loan notes held by KSP Investments Pte Limited ("KSP") (the "Loan Note Conversion"). Application has been made for the 2,000,000 new ordinary shares arising pursuant to the Loan Note Conversion to be admitted to trading on AIM ("Admission"). Dealings are expected to commence on 29 December 2017.

In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Company confirms that following this Loan Note Conversion its issued share capital  comprises 114,188,333 Ordinary Shares of 5p each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 114,188,333. 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

ENDS

Contacts:
Malvern International plc	www.malverninternational.com
Haider Sithawalla Dr Sam Malafeh	[phone] [phone]
WH Ireland Limited	Nominated Adviser & Broker
Mike Coe, Ed Allsopp	[phone]

 

END

 

 

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