Additional Listing - Scrip Dividend

RNS Number : 2028V

Panther Securities PLC

05 August 2015

 



5 August 2015

Panther Securities PLC

(the "Company")

Additional Listing - Scrip Dividend

The Company is pleased to announce that shareholders holding 9,592,088 ordinary shares in the Company, representing 54.9 per cent. of its issued share capital, have elected to take the scrip dividend in respect of the final dividend of 9p per share for the year ended 31 December 2014. A total of 259,634 new ordinary shares have been issued (the "New Ordinary Shares").

The New Ordinary Shares will rank pari passu with the existing ordinary shares and application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence by 8.00 a.m. on 6 August 2015.

Following Admission of the New Ordinary Shares, the Company's enlarged issued share capital will consist of 17,746,929 ordinary shares with voting rights. This number may be used by shareholders, following the Placing, 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 Financial Conduct Authority's Disclosure and Transparency Rules.

 

Directors' Shareholding

The following directors of the Company have elected to take the scrip dividend and will be issued with the following Ordinary Shares on 6 August 2015: 

	Number of Ordinary Shares	Percentage of issued share capital	Purchase price	Date
Andrew Perloff	2,577	0.01%	332.5p	6/08/2015
Bryan Galan	8,767	0.05%	332.5p	6/08/2015
Simon Peters	4,786	0.03%	332.5p	6/08/2015

Significant shareholders

Portnard Limited, a company in which A S Perloff and his family trusts have beneficial interest in its shares, also elected to take the scrip dividend and will be issued with the following Ordinary Shares on 6 August 2015:

	Number of Ordinary Shares	Percentage of issued share capital	Purchase price	Date
Portnard Limited	221,513	1.25%	332.5p	6/08/2015

Following the issue of the above Ordinary Shares on 6 August 2015, the directors and Portnard Limited will have the following holdings, respectively;

	Number of Ordinary Shares	Percentage of issued share capital
Andrew Perloff	4,244,360	23.92%
Bryan Galan	332,669	1.87%
Simon Peters	187,929	1.06%
Portnard Limited	8,405,175	47.36%

For further information:

Andrew Perloff, Panther Securities plc:	Tel: [phone]
Simon Peters, Panther Securities plc: David Worlidge, Sanlam Securities UK	Tel: [phone]  Tel: [phone]

 

END

 

 

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