Appointment of Joint Broker and Issue of Equity
11 5월 2010 - 10:31PM
UK Regulatory
TIDMSTTM
STRONTIUM PLC
Appointment of Joint Broker
The board of Strontium plc ("Strontium" or the "Company"), the AIM listed
consultancy specialising in the identification and development of high growth
potential SMEs, announces that it has appointed SVS Securities plc ("SVS") as
joint broker to the Company with immediate effect.
In relation to the appointment of SVS, the Company has today allotted 54,348
new ordinary shares of 2p each (the "SVS Shares") in the Company at an issue
price of 11.5p per share, to SVS, in lieu of part of the retainer fee payable
to SVS.
Application for the SVS Shares to be admitted to trading on AIM has been made
and is expected to occur on 17 May 2010. The SVS Shares will rank pari passu
with the existing ordinary shares in issue. Following the issue of the SVS
Shares the Company will have 13,595,684 ordinary shares of 2p each in issue.
In accordance with the transitional provisions of the Disclosure and
Transparency Rules of the Financial Services Authority, the Company confirms
that, following this issue, its issued share capital comprises 13,595,684
ordinary shares of 2p each. All of the ordinary shares have equal voting rights
and none of the ordinary shares are held in Treasury. The total number of
voting rights in the Company is therefore 13,595,684.
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 share capital of the Company under the
Disclosure and Transparency Rules.
** ENDS **
For further information visit www.strontiumplc.com or contact:
David Barker Strontium plc Tel: +44 (0) 78 4337 5764
Cairn Financial Advisers Liam Murray Tel: +44 (0) 20 7148 7903
SVS Securities Ian Callaway Tel: +44 (0) 20 7638 5600
Dominic Barretto Yellow Jersey PR Tel: +44 (0) 20 8980 3545
END
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