Issue of Equity & TVR
PCI-PAL PLC has announced the issuance of 62,000 ordinary shares due to an employee exercising options, which will rank pari passu with existing shares. Following this, the company's total issued share capital will be 72,681,818 ordinary shares, with 167,229 shares held in treasury, resulting in a total of 72,514,589 voting rights. Admission of these new shares to AIM is expected around August 24, 2026, and this figure will serve as the denominator for shareholders calculating notification requirements under FCA rules.
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PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions for business communications, announces the issue of 62,000 ordinary shares of 1 pence each (the "Option Shares").
The Option Shares are being issued pursuant to an exercise of options by an employee of the Company. The Option Shares will rank pari passu with the Company's existing Ordinary Shares.
Application has been made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective, and dealings will commence in respect of the Option Shares on or around 24 August 2026.
Following Admission, the Company's issued share capital will consist of 72,681,818 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury, therefore on Admission the total number of voting rights will be 72,514,589. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.