PCG Entertainment plc Result of EGM and update on Capital Reorganisation (8714B)
15 January 2018 - 10:37AM
UK Regulatory
TIDMPCGE
RNS Number : 8714B
PCG Entertainment plc
15 January 2018
15 January 2018
PCGE ENTERTAINMENT PLC
("PCGE", THE "COMPANY" OR THE "GROUP")
PCG ENTERTAINMENT PLC / INDEX: AIM / EPIC: PCGE
Result of EGM and update on the Capital Reorganisation
The Company is pleased to confirm that all resolutions were
passed at today's EGM. Further to its announcement of 21 December
2017 (the "Announcement"), the Company will now progress the
Capital Reorganisation. All defined terms are as per the
Announcement.
Capital Reorganisation
The Company's existing issued share capital of 3,524,940,510
Existing Ordinary Shares will be consolidated on the basis of 5
Existing Ordinary Shares into one Consolidated Share, and in turn,
each Consolidated Share will be sub-divided into one New Ordinary
Share of 0.1 pence and one Deferred Share of 0.4 pence. The Capital
Reorganisation will be undertaken today at 6.00pm.
The International Securities Identification Number ("ISIN") of
the New Ordinary Shares is GI000A2JBQ88. The New Ordinary Shares
will be admitted to trading on AIM at 8.00 am on 16 January 2018
("Admission").
Total Voting Rights
Following Admission, the Company's enlarged issued voting share
capital will comprise 704,988,102 New Ordinary Shares. The Company
does not hold any shares in treasury. This figure of 704,988,102
New Ordinary Shares may be used by the Company's shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Enquiries:
PCG Entertainment PLC
Richard Poulden, Chairman Tel: +44 207 812 0645
Allenby Capital Limited (Nominated Adviser)
Nick Naylor/Nick Harriss Tel: +44 20 3328 5656
Beaufort Securities Limited (Broker)
Elliot Hance Tel: +44 20 7382 8300
Damson Communications
Abigail Stuart-Menteth/Amelia Hubert Tel: +44 20 7812 0645
This information is provided by RNS
The company news service from the London Stock Exchange
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January 15, 2018 05:37 ET (10:37 GMT)