Issue of Equity

RNS Number : 3175C
Science in Sport PLC
18 January 2018
 


 

 

 

18 January 2018



 

SCIENCE IN SPORT PLC

("SiS" or the "Company")

 

Issue of equity

 

Science in Sport plc (AIM: SIS), a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts, announces that it has applied for 436,241 New Ordinary Shares of 10 pence each ("New Ordinary Shares") to be admitted to trading on AIM ("Admission").

 

The New Ordinary Shares are being issued as consideration related to sponsorship services. It is expected that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 24 January 2018

 

Following admission, the Company will have 67,261,062 Ordinary Shares of 10 pence each ("Ordinary Shares") outstanding. The figure of 67,261,062 Ordinary Shares 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 Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

For further information:

 

 

Science in Sport PLC

 

+44 (0) 20 7400 3700

 

Stephen Moon, CEO

 

 

Elizabeth Lake, Finance Director

 

 

 

Cenkos Securities - NOMAD and Broker

 

+44 (0) 20 7397 8900

 

Bobbie Hilliam

 


 

 

 

Notes for editors

 

About Science in Sport plc

 

Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community - in the 2016 Rio Olympics, 34 medal-winning athletes or teams used SiS products (compared with 24 in 2012).

 

The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and hydration tablets; SiS REGO, including protein-based recovery powders and bars; and SIS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance; SiS supplements, comprising BCAA Perform, Creatine, Beta Alanine, L Glutamine and SiS Immune. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.

 

SiS is currently the official sports nutrition supplier to professional cycling team Team SKY, British Cycling, Cycling Australia, USA Cycling and British Triathlon. In addition, Olympians Sir Chris Hoy MBE, and Katarina Johnson Thomson are brand ambassadors and Mark Cavendish MBE is an Elite Sports Consultant to the brand.

 

SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.

 

SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

 

For further information, please visit www.scienceinsport.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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