PROACTIS Holdings PLC the specialist Spend Control software provider, today told DirectorsTalk that 60,000 ordinary shares of 10p each in the share capital of the Company have been issued and allotted pursuant to the exercise of share options by certain employees.
Application has been made for the 60,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 17 March 2016. The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission will be 39,715,159. Accordingly, the figure of 39,715,159 may be used by shareholders 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 and Transparency Rules.