Conviviality PLC Issue of Equity and Total Voting Rights (4956X)

TIDMCVR

RNS Number : 4956X

Conviviality PLC

24 November 2017

24 November 2017

Conviviality Plc

(the "Company")

Issue of Equity and Total Voting Rights

Conviviality Plc (AIM: CVR), the UK's leading independent wholesaler and distributor of alcohol and impulse serving consumers through its franchised retail outlets and through hospitality and food service, announces that application has been made to the London Stock Exchange for 76,921 new ordinary shares of GBP0.0002 each in the capital of the Company ("New Ordinary Shares") to be admitted to trading on AIM ("Admission").

The New Ordinary Shares have been issued as follows:

(a) 73,921 New Ordinary Shares have been issued as a result of a vesting of options under the Conviviality Plc Long Term Incentive Plan; and

(b) 3,000 New Ordinary Shares have been issued to the trustee of the Company's Franchisee Benefit Trust for the purpose of satisfying awards as a result of the vesting of awards granted under the Company's Franchisee Incentive Plan.

The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of GBP0.0002 each in the capital of the Company ("Ordinary Shares") and Admission of the New Ordinary Shares is expected to take place on 30 November 2017.

Total Voting Rights

Following the issue of the New Ordinary Shares, the Company will have a total of 175,269,386 Ordinary Shares, each carrying one voting right. The Company does not hold any shares in Treasury. Therefore, 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 FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Conviviality Plc Tel: [phone]

Diana Hunter, Chief Executive Officer

Mark Moran, Chief Financial Officer

   Investec (Nominated Adviser and Broker)                           Tel: [phone] 

Garry Levin / David Flin / Daniel Adams

FTI Consulting Tel: [phone]

Jonathon Brill / Georgina Goodhew / Fiona Walker

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

November 24, 2017 08:34 ET (13:34 GMT)