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ELCO Eleco Public Limited Company

105.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eleco Public Limited Company LSE:ELCO London Ordinary Share GB0003081246 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 105.50 103.00 108.00 105.50 105.50 105.50 4,580 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 26.57M 2.4M 0.0291 36.25 86.83M

Elecosoft PLC Result of Scrip Dividend (5895V)

06/11/2017 7:00am

UK Regulatory


Eleco Public (LSE:ELCO)
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TIDMELCO

RNS Number : 5895V

Elecosoft PLC

06 November 2017

6 November 2017

Elecosoft plc

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

Result of Scrip Dividend

Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, announces that further to the Company's announcement on 25 September 2017, it has received final results for the scrip dividend alternative in respect of 44,332,224 existing ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") received shares. This figure represents approximately 57.6 per cent. of the Company's issued ordinary share capital.

Accordingly, based on the previously announced reference price of 43.25p per share and the interim dividend of 0.20p per share, a total of new ordinary shares of 1p each have been allotted by the Company ("New Ordinary Shares") to shareholders to receive the scrip dividend alternative.

Application has been made for 204,629 New Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 9 November 2017. Following Admission, Elecosoft will have 77,440,700 Ordinary Shares. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 77,440,700.

 
  For further information please 
   contact: 
 
 Elecosoft plc                         www.elecosoft.com 
  JHB Ketteley, Executive Chairman      Tel: 0207 422 0044 
  Jonathan Hunter, Group Marketing 
  & Business Development Director 
 
 
 finnCap Ltd 
 Adrian Hargrave / Kate Bannatyne      Tel: 0207 220 0500 
  (Corporate Finance) 
  Camille Gochez (Corporate Broking) 
 
 
   Redleaf Communications 
 Elisabeth Cowell / Fiona Norman       Tel: 0207 382 4730 
                                        elecosoft@redleafpr.com 
 

About Elecosoft plc

Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO). It is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ALSZMMGMRKDGNZM

(END) Dow Jones Newswires

November 06, 2017 02:00 ET (07:00 GMT)

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