Eleco PLC Issue of Equity and Total Voting Rights (5334U)
29 Mars 2023 - 8:00AM
UK Regulatory
TIDMELCO
RNS Number : 5334U
Eleco PLC
29 March 2023
29 March 2023
Eleco Plc
("Eleco", "Group" or the "Company")
Issue of Equity
and Total Voting Rights
The Board of Eleco Plc (AIM: ELCO), the AIM-listed construction
software specialist, advises that the Company has issued Andreas
Fänger, Head of Development, Veeuze GmbH (formerly of ESIGN
Software GmbH) 27,747 new ordinary shares of 1 pence each in the
capital of the Company ("the Shares"). The Shares have been issued
to fulfil the third and final tranche of a software development
agreement entered into on 18 November 2019 (the "Agreement"). No
further share amounts are due under the Agreement.
Application has been made for 27,747 new Ordinary Shares to be
admitted to trading on AIM. Admission is expected to become
effective on 3 April 2023 following the end of the Company's Close
Period now the Company has reported its Annual Results.
Following Admission, Eleco plc will have 83,182,397 Ordinary
Shares in issue. All Ordinary Shares have equal voting rights and
no Ordinary Shares are held in treasury. The total number of voting
rights in the Company immediately following Admission will
therefore be 83,182,397.
The above 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.
For further information, please contact:
Eleco plc +44 (0)20 7422 8000
Jonathan Hunter, Chief Executive Officer
-------------------------
Neil Pritchard, Chief Financial Officer
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finnCap Limited +44 (0)20 7220 0500
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Geoff Nash/ Emily Watts/ Seamus Fricker (Corporate Finance)
-------------------------
Charlotte Sutcliffe / Harriet Ward (ECM)
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SEC Newgate UK +44 (0)20 3757 6882
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Elisabeth Cowell/Bob Huxford eleco@secnewgate.co.uk
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About Eleco plc
Eleco plc is an AIM-listed (AIM: ELCO) specialist international
provider of software and related services to the built environment
through its operating brands Elecosoft and Veeuze from centres of
excellence in the UK, Sweden, Germany, the Netherlands and the
US.
The Company's software solutions are trusted by international
customers and used throughout the building lifecycle from early
planning and design stages to construction, interior fit out, asset
management and facilities management to support project management,
estimation, visualisation, Building Information Modelling (BIM) and
property management.
For further information please visit www.eleco.com .
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END
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(END) Dow Jones Newswires
March 29, 2023 02:00 ET (06:00 GMT)
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