Brady plc Issue of Equity (9949Z)

TIDMBRY

RNS Number : 9949Z

Brady plc

20 March 2017

20 March 2017

Brady plc ("Brady" or the "Group")

Issue of Equity

The Company announces that it has made an application for 50,000 ordinary shares of 1p each ("New Ordinary Shares") to be admitted to trading on AIM ("Admission"). The New Ordinary Shares have been issued pursuant to the exercise of options by certain employees of Brady. It is expected that Admission will occur on 24(th) March 2017.

Following the issue of the New Ordinary Shares, the Company's issued share capital consists of 83,367,887 ordinary shares of 1p each. The number of ordinary shares held in treasury is 4,306. Therefore, the total number of voting rights in Brady is 83,363,581.

The above figure (83,363,581) 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, Brady under the FCA's Disclosure and Transparency Rules.

For further information please contact:

 
 Brady plc                        Telephone: [phone] 
  Ian Jenks, Executive Chairman    479479 
  Martin Thorneycroft, Finance 
  Director 
 
   Cenkos Securities plc            Telephone: +44 (0)20 
   Ivonne Cantu (Nomad)             7397 8900 
   Camilla Hume (Sales) 
 Redleaf Communications           Telephone: +44 (0)20 
  Charlie Geller                   7382 4730 
  Sam Modlin 
 

About Brady

Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations to back office financials and treasury settlement, for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.

Brady has 30 years' expertise in the commodity markets with some 400 customers worldwide who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, recycling companies, scrap processors, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.

For further information visit: www.bradyplc.com

Brady plc: Twitter/Facebook/LinkedIn

This information is provided by RNS

The company news service from the London Stock Exchange

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March 20, 2017 12:26 ET (16:26 GMT)