TIDMROL

RNS Number : 8888Z

Rotala PLC

16 January 2024

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 JANUARY 2024

Rotala PLC

("Rotala" or the "Company")

Issue of Equity,

Director/PDMR Shareholding

and

Rule 2.9 Announcement

Rotala PLC (AIM: ROL.L) announces that, following the sanction of the Scheme by the Court announced on 15 January 2024, a total of 1,595,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") have been sold out of treasury in order to satisfy the exercise of options, including by Kim Taylor, the Group Finance Director (further details of which are set out below), under the Rotala 2005 Share Option Scheme. Following this transaction, Kim Taylor holds 1,203,738 Ordinary Shares, which represents 3.69% of the Company's issued share capital.

Rule 2.9 Announcement

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the Company confirms that it now has 32,616,784 Ordinary Shares in issue and holds 4,315,000 Ordinary Shares in treasury.

The International Securities Identification Number for the Ordinary Shares is GB00B1Z2MP60.

Suspension and cancellation of trading

As previously announced, the last day of dealings on AIM in, and for the registration of transfers of, Ordinary Shares is today, 16 January 2024. It is expected that trading on AIM in the Ordinary Shares will be suspended with effect from 7.30 a.m. on 17 January 2024 and the cancellation of admission to trading on AIM of the Ordinary Shares will be effective at 7.00 a.m. on 18 January 2024.

 
 
 
 Rotala PLC                                   Tel: +44 (0) 121 322 
                                               2222 
 Graham Spooner, Deputy Chair and Senior 
  Independent Director 
  Graham Peacock, Independent Non-Executive 
  Director 
  Kim Taylor, Group Finance Director 
 Shore Capital                                Tel: +44 (0) 20 7408 
                                               4090 
 Tom Griffiths 
  James Thomas 
  Lucy Bowden 
 

The person responsible for arranging the release of this announcement on behalf of Rotala is Kim Taylor, a director of Rotala.

Further information is disclosed below in accordance with Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                        Kim Taylor 
     --------------------------  ------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status             Group Finance Director 
     --------------------------  ------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                        Rotala PLC 
     --------------------------  ------------------------------------- 
 b)   LEI                         213800ALMQ9Y4K5HPT66 
     --------------------------  ------------------------------------- 
 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          Options over ordinary shares of 
       financial instrument,       25 pence each 
       type of instrument 
                                   ISIN: GB00B1Z2MP60 
 
       Identification code 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Exercise of options awarded under 
                                   the Rotala 2005 Share Option Scheme 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     54p        395,000 shares 
                                     25p        400,000 shares 
                                               --------------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          795,000 
 
       - Weighted Price             N/A 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     16 January 2024 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  ------------------------------------- 
 

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END

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January 16, 2024 09:40 ET (14:40 GMT)

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