Castleton Technology PLC Issue of Equity (1607U)

TIDMCTP

RNS Number : 1607U

Castleton Technology PLC

27 March 2019

Castleton Technology PLC

("Castleton " or the "Group")

Issue of Equity

Castleton Technology plc (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, announces that it has applied to the London Stock Exchange for 66,225 ordinary shares of 2 pence each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares are being issued subsequent to an exercise of options over Ordinary Shares by employees of the Company at a price of 75.5 pence per Ordinary Share.

It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 28 March 2019. On Admission the Company's issued share capital will comprise 81,598,990 Ordinary Shares, of which none are held in treasury. Therefore, the total number of Ordinary Shares in the Company with voting rights will be 81,598,990. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

 
Enquiries:Castleton Technology plc                        Tel. [phone] 
  Dean Dickinson, Chief Executive Officer 
  Haywood Chapman, Chief Financial Officer 
 finnCap Ltd                                     Tel. [phone] 
  Jonny Franklin-Adams / Simon Hicks (Corporate 
  Finance) 
  Andrew Burdis (ECM) 
 Alma PR                                         Tel. [phone] 
  Rebecca Sanders-Hewett/ Helena Bogle/ 
  Josh Royston 
 

About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The Group is a 'one stop shop', providing integrated housing systems via the Cloud, working in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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March 27, 2019 05:51 ET (09:51 GMT)