GHH.GB Gooch and Housego PLC

TIDMGHH

RNS Number : 8315G

Gooch & Housego PLC

21 July 2023

 
   21 July 2023 
 

Gooch & Housego PLC

("G&H" or the "Company" or the "Group")

Completion of acquisition and issue of equity

Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of optical components & systems, announces that further to the announcement on 19 July 2023 that it had conditionally acquired the entire issued share capital of Artemis Optical Holdings Ltd ("Artemis"), this acquisition has now completed.

Pursuant to the terms of this acquisition the Company has made an application to the London Stock Exchange for the 412,088 new ordinary shares to be admitted to trading on AIM. It is expected that admission will become effective on 27 July 2023.

Following the issue of the 412,088 new ordinary shares, the total number of ordinary shares in issue as at the date of this announcement is 25,786,397 with each share carrying the right to one vote. There are no shares held in Treasury. The total number of voting rights in the Company is, therefore, 25,786,397.

The above figure of 25,786,397 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.

For further information please contact:

 
 Charlie Peppiatt, Chief Executive 
  Officer 
  Chris Jewell, Chief Financial       Gooch & Housego      +44 (0) 1460 
  Officer                              PLC                  256440 
 
 Mark Court / Abigail Gilchrist                            +44 (0) 20 7466 
  G&H@buchanan.uk.com                 Buchanan              5000 
 
 Christopher Baird / David                                 +44 (0) 20 7597 
  Anderson                            Investec Bank plc     5970 
 

Notes to editors

1. Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK with operations in the USA and Europe. A world leader in its field, the company researches, designs, engineers and manufactures advanced photonic systems, components and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences and Scientific Research sectors. World leading design, development and manufacturing expertise is offered across a broad range of complementary technologies.

2. All financial information included in this announcement is sourced from unaudited management accounts and excludes any specific items. This announcement contains certain forward-looking statements that are based on management's current expectations or beliefs as well as assumptions about future events. These are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which G&H operates. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a wide range of variables which could cause actual results, and G&H's plans and objectives, to differ materially from those currently anticipated or implied in the forward-looking statements. Investors should not place undue reliance on any such statements. Nothing in this announcement should be construed as a profit forecast.

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(END) Dow Jones Newswires

July 21, 2023 06:58 ET (10:58 GMT)

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