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Ashcourt Rowan PLC (ARP)

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Monday 05 December, 2011

Ashcourt Rowan PLC

Admission to AIM

RNS Number : 3271T
Ashcourt Rowan PLC
05 December 2011
 



5 December 2011

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, REPUBLIC OF IRELAND, REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

ASHCOURT ROWAN PLC

("Ashcourt Rowan" or the "Company")

 

Admission, Total Voting Rights and Directors' Shareholdings

Ashcourt Rowan plc (AIM: ARP), the UK wealth management group, announces that Admission and trading of 18,364,798 New Ordinary Shares pursuant to the Share Consolidation and 8,500,000 Placing Shares issued pursuant to the Placing, commenced today on AIM.

Directors' Shareholdings

The Directors of Ashcourt Rowan announce that their shareholdings in the Company, following Admission are as follows:


Number of New Ordinary Shares held following Share Consolidation

Number of Placing Shares acquired

Total number of New Ordinary Shares held  following Placing

Percentage of total issued share capital held following Placing

Kenneth West

-

           42,000

42,000

       0.16%

Jonathan Polin

-

          200,000

200,000

       0.74%

Neil Hale

22,881

           12,000

34,881

       0.13%

Jeremy Rance

-

           15,000

15,000

       0.06%

Ranil Perera

-

             5,000

5,000

       0.02%

 

Total Voting Rights

Following Admission, Ashcourt Rowan's issued share capital consists of 26,864,798 ordinary shares of £0.20 each with voting rights.  The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 26,864,798 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

The Company's TIDM code remains ARP.L and its ISIN and SEDOL numbers are GB00B6540P35 and B6540P3, respectively.

For further information please contact:

Jonathan Polin, CEO
jonathanpolin@ashcourtrowan.com

Ashcourt Rowan plc
www.ashcourtrowan.com

+44 (0) 20 7871 7373

Gordon Neilly
gneilly@canaccordgenuity.com

Sue Inglis
singlis@canaccordgenuity.com

Rishi Zaveri
rzaveri@canaccordgenuity.com

Canaccord Genuity Limited

www.canaccordgenuity.com

+44 (0) 20 7050 6778


+44 (0) 20 7050 6779
 

+44 (0) 20 7050 6780

Media enquiries:

Andrew Appleyard

MRM
www.mrm-london.com

+44 (0) 20 3326 9908

Notes:

Unless the context otherwise requires, defined terms used in this announcement shall have the meanings ascribed to them in the circular setting out details of the Placing and posted to Shareholders on 16 December 2011.

Canaccord Genuity Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting as sole placing agent as well as nominated adviser and broker for the purposes of the AIM Rules exclusively for the Company in connection with the Placing and Admission.  Canaccord Genuity Limited is not acting for any other person and will not be responsible to any other person for providing the protections afforded to clients of Canaccord Genuity Limited or for advising any other person in connection with the Placing and Admission.

 


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