AdEPT Telecom plc Issue of equity and total voting rights (3484X)

TIDMADT

RNS Number : 3484X

AdEPT Telecom plc

20 February 2017

AdEPT Telecom Plc

("AdEPT Telecom" or the "Company")

Issue of equity and total voting rights

AdEPT Telecom, one of the UK's leading independent providers of unified communications solutions, announces that it has issued 32,143 Ordinary Shares of 10p each at an exercise price of 140p per share pursuant to the exercise of options under the EMI Share Option Scheme August 2013 ("the New Ordinary Shares").

Application has been made for the New Ordinary Shares, which rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM ("Admission"). It is anticipated that Admission will be effective on 24 February 2017.

Following the issue of the New Ordinary Shares, the Company's share capital consists of 22,516,251 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 22,516,251. 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 FCA's Disclosure Guidance and Transparency Rules.

For more information please contact:

 
 
  AdEPT Telecom Plc 
   Roger Wilson, Chairman               07786 111 535 
   Ian Fishwick, Chief Executive         01892 550 225 
   John Swaite, Finance Director         01892 550 243 
 Northland Capital Partners Limited 
  Nominated Adviser 
  Edward Hutton/Gerry Beaney 
 
  Broking 
  John Howes                             020 3861 6625 
 

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of unified communications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile, IP telephony, equipment installation, managed services, IT services, Wi-Fi, IT and communications hardware and data connectivity products. AdEPT's tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple.

AdEPT is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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February 20, 2017 09:45 ET (14:45 GMT)