Utilitywise plc Exercise of Options (7854P)

TIDMUTW

RNS Number : 7854P

Utilitywise plc

10 June 2015

10 June 2015

Utilitywise plc

("Utilitywise", "the Company" or "the Group")

Exercise of Options

Utilitywise plc (AIM:UTW), a leading independent utility cost management consultancy, announces that application has been made for the admission to trading on AIM ("Admission") of a total of 9,985 new ordinary shares of 0.1p each ("Ordinary Shares" and the "New Ordinary Shares") in the Company following the exercise of 9,985 share options by a former employee

The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission is expected to be effective from 16 June 2015. Following Admission, the total issued share capital of the Company will be 76,592,334 Ordinary Shares of 0.1p each. The Company holds no Ordinary Shares in treasury.

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 Disclosure Rules and Transparency Rules. Any changes to the above expectation will be announced to the market as required.

-Ends-

Further information:

 
 Utilitywise plc                0330 303 0233 
 Geoff Thompson, CEO 
 Andrew Richardson, Deputy 
  CEO 
  Jon Kempster, CFO 
 
 finnCap (NOMAD and joint 
  broker)                       020 7220 0500 
 Matt Goode / Grant Bergman 
  (Corporate Finance) 
 Simon Johnson (Corporate 
  Broking) 
 
 Liberum (joint broker)         020 3100 2000 
 Robert Morton 
 Steve Pearce 
 
 Redleaf PR                     020 7382 4730 
 Rebecca Sanders-Hewett / 
  Richard Gotla / David Ison 
 

About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in North Tyneside. The Group has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from high street shops to multinationals with thousands of sites and cover the whole of the UK. In total, Utilitywise has over c23,000 customers.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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