Footasylum PLC Redemption of B Preference Shares (6924V)

TIDMFOOT

RNS Number : 6924V

Footasylum PLC

06 November 2017

6 November 2017

Footasylum plc

("Footasylum" or the "Company")

Redemption of B Preference Shares of GBP1.00 each (the "Preferences Shares")

Following the admission of the Company's ordinary shares to trading on AIM on 2 November 2017 and in accordance with the Redemption Agreement (entered into on 26 October 2017 and details of which can be found in the Company's Admission Document), the Company announces that it has completed the redemption and cancellation of 18,700,000 Preference Shares at par value (the "Redemption").

Immediately following the Redemption, updated Articles of Association of the Company (which were adopted by the Company conditionally upon the Redemption and which remove references to rights attaching to the Preference Shares) have come into force.

The Company's Admission Document and Articles of Association can be found at http://investors.footasylum.com/

 
 Enquiries: 
 Footasylum                                  Tel: +44 (0) 
  Nancy Kelsall (Company Secretary)          1706 746 777 
 GCA Altium Limited (Financial Adviser       Tel: +44 (0) 
  & Nominated Adviser)                       20 7484 4040 
  Phil Adams 
  Sam Fuller 
  Tim Richardson 
 Liberum Capital Limited (Broker)            Tel: +44 (0) 
  John Fishley                               20 3100 2222 
  Jill Li 
  Lucy Sharma 
 Powerscourt (Financial Public Relations)    Tel: +44 (0) 
  Rob Greening                               207 250 1446 
  Lisa Kavanagh 
  Isabelle Saber 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 06, 2017 10:03 ET (15:03 GMT)