PROACTIS Holdings PLC Issue of Equity (3489Q)

TIDMPHD

RNS Number : 3489Q

PROACTIS Holdings PLC

29 November 2016

29 November 2016

PROACTIS Holdings PLC

Issue of equity

PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the specialist Spend Control software provider, today announces that 6,667 ordinary shares of 10p each in the share capital of the Company ("Ordinary Shares") have been issued and allotted pursuant to the exercise of share options by an employee.

Application has been made for the 6,667 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 2 December 2016. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 49,101,086. Accordingly, the figure of 49,101,086 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 and Transparency Rules.

 
  Enquiries: 
    PROACTIS Holdings PLC 
    Rod Jones, Chief Executive Officer           Via Redleaf Communications 
     Tim Sykes, Chief Financial Office 
    Redleaf Communications 
    Rebecca Sanders-Hewett                       0207 382 4730 
     Sarah Fabietti                               [e-mail] 
     Sam Modlin 
    finnCap Ltd 
     Stuart Andrews/Carl Holmes/Emily Watts - 
     Corporate Finance 
     Stephen Norcross - Corporate Broking        0207 220 0500 
 

Notes to Editors:

PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is used in approximately 800 organisations around the world from the commercial, public and not-for-profit sectors.

PROACTIS is head quartered in Wetherby, West Yorkshire. It develops its own software using an in-house team of developers and sells through both direct and indirect channels via a number of Accredited Channel Partners.

PROACTIS floated on the AIM market of the London Stock Exchange in June 2006.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 29, 2016 02:00 ET (07:00 GMT)