Ashcourt Rowan PLC Issue of Equity (1605I)
20 7월 2012 - 7:36PM
UK Regulatory
TIDMARP
RNS Number : 1605I
Ashcourt Rowan PLC
20 July 2012
20 July 2012
ASHCOURT ROWAN PLC
("Ashcourt Rowan" or the "Company")
Issue of Equity
The Directors of Ashcourt Rowan plc (AIM: ARP), the UK wealth
management group, announce that the Company will be issuing 56,014
ordinary shares of 20 pence each in the Group ("Ordinary Shares")
to certain employees which have vested under the Company's Long
Term Investment Plan.
Application has been made for the new Ordinary Shares, which
will when issued rank pari passu with the existing Ordinary Shares
in issue, to be admitted to trading on AIM and dealings are
expected to commence on 26 July 2012. Following the issue of the
new Ordinary Shares as set out above, the total number of shares in
issue will be 26,994,487. The Company does not hold any Ordinary
Shares in treasury. Therefore the total number of Ordinary Shares
in the Company with voting rights is 26,994,487.
The above figure of 26,994,487 Ordinary Shares may be used by
shareholders in the Company as the denominator for the calculation
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 Service Authority's Disclosure and
Transparency Rules.
For further information please contact:
Jonathan Polin, CEO Ashcourt Rowan plc
jonathanpolin@ashcourtrowan.com www.ashcourtrowan.com +44 (0) 20 7871 7373
Martin Green
Canaccord Genuity Limited
Bruce Garrow www.canaccordgenuity.com +44 (0) 20 7523 8000
Media enquiries:
MRM
Andrew Appleyard www.mrm-london.com +44 (0) 20 3326 9908
Notes to the editors:
Ashcourt Rowan Plc is one of the UK's leading and
fastest-growing wealth management companies. Today, Ashcourt Rowan
provides its personalised approach to financial advice and asset
management services directly and through third party advisers to
over 50,000 clients across the UK via the Ashcourt Rowan (Ashcourt
Rowan Financial Planning Ltd, Ashcourt Rowan Asset Management Ltd
& Ashcourt Rowan Administration Ltd) and Savoy brands. The
group currently has around GBP4 billion of assets under management
and influence and an expanding network of 19 offices across the UK.
Further information on Ashcourt Rowan can be found at
www.ashcourtrowan.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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