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Share Name Share Symbol Market Type Share ISIN Share Description
Stilo Intl LSE:STL London Ordinary Share GB0009597484 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.65p 3.30p 4.00p 3.65p 3.65p 3.65p 873 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1.9 0.3 0.3 13.0 4.16

Stilo International PLC Exercise of Share Options

07/07/2017 3:36pm

UK Regulatory (RNS & others)


Stilo (LSE:STL)
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RNS Number : 4974K

Stilo International PLC

07 July 2017

Stilo International plc

Issue of new shares

Exercise of Share Options

The Board of Stilo International plc ("Stilo" or the "Company") (LSE:STL), the AIM quoted software and cloud services company, announces that it has today issued 87,000 new ordinary shares of 1p each in the company ("Ordinary Shares") following notification of the exercise of share options by an employee. The exercise price of the new shares is 1.5 pence per share.

Application has been made for the 87,000 Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 13(th) July 2017.

The Ordinary Shares will rank pari passu with the existing shares of the Company. Following allotment of the Ordinary Shares, the total issued share capital of the Company will be 113,930,470 ordinary shares.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Stilo following this allotment will consist of 113,930,470 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Stilo under the DTRs.

ENQUIRIES

 
 Stilo International     SPARK Advisory Partners 
  plc                     (Nominated Adviser) 
  Les Burnham, Chief      Neil Baldwin T +44 
  Executive               (0) 203 368 3554 
  T +44 (0)1793 441444    Mark Brady T +44 (0) 
                          203 368 3551 
                          SI Capital (Broker) 
                          Nick Emerson 
                          Andy Thacker 
                          T +44 (0) 1483 413500 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

July 07, 2017 10:36 ET (14:36 GMT)

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