Issue of Shares for Advisory Services and TVR

Summary by AI BETAClose X

Milton Capital Plc will issue 7,500,000 new ordinary shares at a deemed price of 0.25 pence each, totaling £18,750, to settle advisory fees and preserve cash for its RTO vehicle. These new shares, ranking pari passu with existing shares, will be admitted to trading on the London Stock Exchange around June 3, 2026. Following this issuance, the company's total issued share capital will be 219,000,000 ordinary shares, with each carrying one vote, bringing the total voting rights to 219,000,000.

Disclaimer*

Milton Capital PLC
28 May 2026
 

Milton Capital Plc

("Milton" or the "Company")

 

Issue of Shares for Advisory Services

Total Voting Rights

 

Milton Capital Plc announces that it will issue 7,500,000 new ordinary shares of 0.1 pence each  (the "New Ordinary Shares") to be admitted to trading on the main market for listed securities of the London Stock Exchange, at a deemed price of 0.25 pence. The New Ordinary Share are being issued as payment to certain professional advisors for services, instead of cash. The Board has agreed the payment in shares to preserve the cash in the Company, in order to remain a well-capitalised RTO vehicle.

The New Ordinary Shares will rank pari passu in all respects with the Company's existing Ordinary Shares. The New Ordinary Shares will be admitted to the equity shares (shell companies) category of the Official List of the FCA and to trading on the main market for listed securities of the LSE, with admission expected to occur on or around 3 June 2026.

 

Total Voting Rights 

 

The Company's issued share capital will comprise 219,000,000 Ordinary Shares, following the issue of the New Ordinary Shares, with each Ordinary Share carrying the right to one vote. Accordingly, the total number of voting rights in the Company will be 219,000,000 and 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 Company under the FCA's Disclosure Guidance and Transparency Rules. 

This announcement contains information which, prior to its disclosure, was inside information for the purpose of the Market Abuse Regulation (as in force in the United Kingdom).

Enquiries:

Milton Capital

Richard Mays, Chairman 

 

AlbR Capital Limited (Corporate Broker)

Tel: +44 (0)20 7469 0930 

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