Issue of Equity, Director Shareholding & Rule 2.9

Rotala PLC

16 January 2024

 

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 JANUARY 2024

Rotala PLC

("Rotala" or the "Company")

Issue of Equity,

Director/PDMR Shareholding

and

Rule 2.9 Announcement

Rotala PLC (AIM: ROL.L) announces that, following the sanction of the Scheme by the Court announced on 15 January 2024, a total of 1,595,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") have been sold out of treasury in order to satisfy the exercise of options, including by Kim Taylor, the Group Finance Director (further details of which are set out below), under the Rotala 2005 Share Option Scheme. Following this transaction, Kim Taylor holds 1,203,738 Ordinary Shares, which represents 3.69% of the Company's issued share capital.

Rule 2.9 Announcement

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the Company confirms that it now has 32,616,784 Ordinary Shares in issue and holds 4,315,000 Ordinary Shares in treasury.

The International Securities Identification Number for the Ordinary Shares is GB00B1Z2MP60.  

Suspension and cancellation of trading

As previously announced, the last day of dealings on AIM in, and for the registration of transfers of, Ordinary Shares is today, 16 January 2024. It is expected that trading on AIM in the Ordinary Shares will be suspended with effect from 7.30 a.m. on 17 January 2024 and the cancellation of admission to trading on AIM of the Ordinary Shares will be effective at 7.00 a.m. on 18 January 2024.

Rotala PLC	Tel: [phone]
Graham Spooner, Deputy Chair and Senior Independent Director Graham Peacock, Independent Non-Executive Director Kim Taylor, Group Finance Director
Shore Capital	Tel: [phone]
Tom Griffiths James Thomas Lucy Bowden

The person responsible for arranging the release of this announcement on behalf of Rotala is Kim Taylor, a director of Rotala.

Further information is disclosed below in accordance with Article 19 of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kim Taylor
2	Reason for the notification
a)	Position/status	Group Finance Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotala PLC
b)	LEI	213800ALMQ9Y4K5HPT66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Options over ordinary shares of 25 pence each  ISIN: GB00B1Z2MP60
b)	Nature of the transaction	Exercise of options awarded under the Rotala 2005 Share Option Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 54p 395,000 shares 25p 400,000 shares
d)	Aggregated information - Aggregated volume - Weighted Price	795,000 N/A
e)	Date of the transaction	16 January 2024
f)	Place of the transaction	Off market transaction

 

END