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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Reach4entertainment Enterprises Plc | LSE:R4E | London | Ordinary Share | GB00B1HLCW86 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.225 | 0.20 | 0.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMR4E
RNS Number : 4493Y
Reach4Entertainment Enterprises PLC
05 December 2017
05 December 2017
reach4entertainment enterprises plc
("r4e", the "Company" or the "Group")
Exercise of options and total voting rights
r4e, the transatlantic media and entertainment company, has received notification from David Stoller, former Executive Chairman of the Company, that he yesterday exercised options over 19,420,076 ordinary shares in the Company ("Ordinary Shares") at an exercise price of 1p per Ordinary Shares. Following this exercise, Mr Stoller now holds 4,329,924 outstanding options over Ordinary Shares, each exercisable at 1p per Ordinary Share.
Admission and total voting rights
Application will be made to the London Stock Exchange for the new Ordinary Shares to be issued pursuant to the option exercise to be admitted to trading on AIM ("Admission"). It is anticipated that admission will occur on or around 11 December 2017.
Following Admission, the issued share capital of the Company will comprise 634,412,747 Ordinary Shares with one voting right per share. The Company does not hold any shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 634,412,747. This figure is calculated prior to the potential issue of the new ordinary shares pursuant to the placing announced by the Company on 4 December 2017. The above 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 Guidance and Transparency Rules.
Holding in Company
Following Admission, David Stoller will have a total interest in 50,000,000 Ordinary Shares, equivalent to 7.88% of the Company's total issued share capital. 30,579,924 of these Ordinary Shares are held in the name of Stoller Family Partners LLP.
Enquiries:
reach4entertainment enterprises plc Marc Boyan, Chief Executive +44 (0) 20 7968 Officer 1655 Allenby Capital (Nominated Adviser +44 (0) 20 3328 and Broker) 5656 Jeremy Porter/James Reeve Novella Communications (Financial +44 (0) 20 3151 PR) 7008 Tim Robertson/Toby Andrews
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCOKPDQBBDDPBK
(END) Dow Jones Newswires
December 05, 2017 08:00 ET (13:00 GMT)
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