TIDMFKE

RNS Number : 9464G

Fiske PLC

30 November 2020

Fiske Plc

Issue of Equity

30 November 2020

Fiske plc ('Fiske' or 'the Company') today announces that further to the acquisition of Fieldings Investment Management Ltd ("Fieldings") announced on 27 July 2017, the third and final deferred consideration payment due to the vendors of Fieldings will be GBP198,480 (the "Final Deferred Consideration"). In accordance with the agreement, 20 per cent. of the Final Deferred Consideration is payable in ordinary shares of 25p each in the Company ("Ordinary Shares") issued at the average closing price of the 15 business days prior to allotment. The Company has therefore issued 61,069 Ordinary Shares at a price of 65.0p each.

Application has been made for these new Ordinary Shares to be admitted to trading on AIM with admission expected to take place on, or around, 4 December 2020 ("Admission").

Following Admission, the Company's enlarged share capital will comprise 11,754,859 Ordinary Shares. No shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights is 11,754,859. 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

3,826 Ordinary Shares will be issued to Tony Pattison, Director of the Company and previously a shareholder of Fieldings. Following the issue of these new shares, Mr Pattison will hold 349,617 Ordinary Shares representing 2.97 per cent. of the Company's total voting rights. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

The information communicated in this announcement constitutes inside information for the purposes of Article 7 of Regulation 596/2014. Following publication of this announcement this information is considered to be in the public domain.

For further information please contact:

Samantha Harrison, Harrison Clarke - Grant Thornton UK LLP (Nominated Adviser)

(tel: 020 7383 5100)

James Harrison, Fiske Plc - CEO

(tel: 020 7448 4700)

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Tony Pattison 
     ----------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status               Director 
     ----------------------------  ---------------------------------------- 
 b)   Initial notification          Initial notification 
       /Amendment 
     ----------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ---------------------------------------------------------------------- 
 a)   Name                          Fiske Plc 
     ----------------------------  ---------------------------------------- 
 b)   LEI                           213800Z5PKJOV7GWXE43 
     ----------------------------  ---------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; and (iv) each 
       place where transactions have been conducted 
     ---------------------------------------------------------------------- 
 a)   Description of the            Ordinary shares of 25 pence each 
       financial instrument, 
       type of instrument 
 
      Identification code           FISK 
 
 b)   Nature of the transaction     Issue of shares 
     ----------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s) 
                                     ------------------  ---------------- 
                                      Price(s) GBP0.65    Volume(s) 3,826 
                                     ------------------  ---------------- 
 
 
 d)   Aggregated information 
 
      - Aggregated volume 
 
      - Price 
 
 e)   Date of the transaction       30/11/2020 
     ----------------------------  ---------------------------------------- 
 f)   Place of the transaction      Outside of trading venue 
     ----------------------------  ----------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEFLFLFLTLIVII

(END) Dow Jones Newswires

November 30, 2020 07:20 ET (12:20 GMT)

Fiske (LSE:FKE)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025 Plus de graphiques de la Bourse Fiske
Fiske (LSE:FKE)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025 Plus de graphiques de la Bourse Fiske