Charles Taylor Issue of Equity

 
TIDMCTR 
 
CHARLES TAYLOR PLC - Issue of Equity 
 
14 August 2017 
 
 
 
 
      Charles Taylor plc ("the Company") 
 
      Issue of Equity 
 
      The Company announces that 96,782 new Ordinary Shares of 1p each were 
      allotted, conditional on admission, in respect of the first annual earn-out 
      payment to the vendors of CEGA Solutions Limited, which the Company acquired 
      on 25 July 2016. Application has been made to the UK Listing Authority and the 
      London Stock Exchange for the 96,782 new Ordinary Shares to be admitted to the 
      Official List and to trading on the Main Market.  Admission of the shares is 
      expected to occur on 15th August 2017. 
      Following admission, the Company will have 68,503,785 Ordinary Shares in issue 
      with voting rights. This information is provided in accordance with the FCA's 
      Disclosure Guidance and Transparency Rule 5.6.1R. The Company has no Ordinary 
      Shares held in treasury, therefore following admission the total of 68,503,785 
      Ordinary Shares 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 Company under 
      the FCA's Disclosure Guidance and Transparency Rules. 
 
      For further information please contact: 
 
      Anthony Llewellyn - Deputy Group Company Secretary - 020 3320 8966 
      Ivan Keane - Group Company Secretary and General Counsel - 020 3320 2206 
      Charles Taylor plc 
      14 August 2017 
 
      Notes to editors 
      About Charles Taylor 
 
      Charles Taylor provides professional services to make the business of 
      insurance work efficiently.  We have been providing insurance-related 
      professional services since 1884 and today we employ over 1,850 permanent and 
      contract staff in 72 offices spread across 28 countries in the UK, the 
      Americas, Asia Pacific, Europe the Middle East and Africa. 
      The Group operates through three businesses - Management Services, Adjusting 
      Services and Insurance Support Services.  We also own international life 
      insurers, creating value by undertaking targeted acquisitions and achieving 
      operational efficiencies. 
      Our breadth of services, our technical skills and resources and our global 
      presence means we can manage and resolve virtually any insurance-related 
      matter, wherever and whenever it occurs. 
      Further information is available at www.ctplc.com 
 
 
 
END 
 

(END) Dow Jones Newswires

August 14, 2017 07:40 ET (11:40 GMT)