ROL.L

Rotala Plc
Rotala PLC - Issue of Equity, Director Shareholding & Rule 2.9
16th January 2024, 14:40
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 8888Z
Rotala PLC
16 January 2024
 

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 JANUARY 2024

Rotala PLC

("Rotala" or the "Company")

Issue of Equity,

Director/PDMR Shareholding

and

Rule 2.9 Announcement

 

 

Rotala PLC (AIM: ROL.L) announces that, following the sanction of the Scheme by the Court announced on 15 January 2024, a total of 1,595,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") have been sold out of treasury in order to satisfy the exercise of options, including by Kim Taylor, the Group Finance Director (further details of which are set out below), under the Rotala 2005 Share Option Scheme. Following this transaction, Kim Taylor holds 1,203,738 Ordinary Shares, which represents 3.69% of the Company's issued share capital.

Rule 2.9 Announcement

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the Company confirms that it now has 32,616,784 Ordinary Shares in issue and holds 4,315,000 Ordinary Shares in treasury.

The International Securities Identification Number for the Ordinary Shares is GB00B1Z2MP60.  

Suspension and cancellation of trading

As previously announced, the last day of dealings on AIM in, and for the registration of transfers of, Ordinary Shares is today, 16 January 2024. It is expected that trading on AIM in the Ordinary Shares will be suspended with effect from 7.30 a.m. on 17 January 2024 and the cancellation of admission to trading on AIM of the Ordinary Shares will be effective at 7.00 a.m. on 18 January 2024.

 




Rotala PLC

Tel: +44 (0) 121 322 2222

Graham Spooner, Deputy Chair and Senior Independent Director

Graham Peacock, Independent Non-Executive Director

Kim Taylor, Group Finance Director


Shore Capital

Tel: +44 (0) 20 7408 4090

Tom Griffiths

James Thomas

Lucy Bowden


The person responsible for arranging the release of this announcement on behalf of Rotala is Kim Taylor, a director of Rotala.

Further information is disclosed below in accordance with Article 19 of the EU Market Abuse Regulation.

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kim Taylor

2

Reason for the notification

a)

Position/status

Group Finance Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rotala PLC

b)

LEI

213800ALMQ9Y4K5HPT66

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

 

Identification code

Options over ordinary shares of 25 pence each

 

 ISIN: GB00B1Z2MP60

b)

 

Nature of the transaction

Exercise of options awarded under the Rotala 2005 Share Option Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

54p

395,000 shares

25p

400,000 shares

d)

 

Aggregated information

- Aggregated volume

 

- Weighted Price

 

795,000

 

N/A

e)

 

Date of the transaction

16 January 2024

f)

 

Place of the transaction

Off market transaction

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEEALFKFDNLEFA]]>
TwitterFacebookLinkedIn