Issue of Equity

RNS Number : 8378B
Malvern International PLC
25 September 2018
 

25 September 2018

 

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 4,637,960 new ordinary shares of 1p each pursuant to the conversion of £231,898 of the convertible loan notes held by KSP Investments Pte Limited ("KSP") (the "Loan Note Conversion"). Application has been made for the 4,637,960 new ordinary shares arising pursuant to the Loan Note Conversion to be admitted to trading on AIM ("Admission"). Dealings are expected to commence on 01 October 2018. Following the Loan Note Conversion there are no outstanding convertible loan notes that are held by KSP.

 

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 243,426,293 Ordinary Shares of 1p 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 243,426,293. 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.

 

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 

ENDS

 

Enquiries:

Malvern International PLC


  www.malverninternational.com

Dr. Sam Malafeh - CEO

Navin Khattar - Non-Executive Director                                                       


                                 Via Walbrook PR

                                




WH Ireland Limited (NOMAD)


       Nominated Adviser & Broker

Mike Coe


                     +44 (0) 117 945 3470




Walbrook PR



Tom Cooper / Paul McManus


                           +44 (0) 20 7933 8780



                           +44 (0) 797 122 1972

    tom.cooper@walbrookpr.com

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
IOESEFSAIFASEEU
UK 100

Latest directors dealings