RNS Number : 3126X

Esken Limited

04 May 2021

4 May 2021


('Esken' or 'the Company')

Issue of shares

Esken, the aviation and energy infrastructure group, announces that it has agreed to issue 6,000,000 ordinary shares of 10 pence each (the "Shares") to DLP Holdings sarl, a Luxembourg company wholly-owned by funds managed by Cyrus Capital Partners LP ("Cyrus"). The Shares will be issued in satisfaction of a put option between Esken and Cyrus arising out of their previous interest in Connect Airways.

Applications have been made for the Shares to be admitted to the premium segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities ("Admission"). It is expected that Admission will become effective and dealings in the Shares will commence at 8 a.m. on or around 7 May 2021. The Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Following this share issue, the total issued share capital of the Company will consist of 630,926,123 ordinary shares of 10 pence each (with each ordinary share having one vote) and 1,000 non-voting deferred shares of 0.1 pence each. No shares are held in treasury. Accordingly, the total number of voting rights in the Company as at 7 May 2021 will be 630,926,123 and this figure 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.


Esken Limited 
 Charlie Geller, Communications Director 
 C/O Tulchan Communications 
  Tulchan Communications                    020 7353 4200 
  Olivia Peters/David Allchurch             esken@tulchangroup.com 

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) Dow Jones Newswires

May 04, 2021 02:00 ET (06:00 GMT)

Stobart Group Ld (LSE:STOB)
Gráfica de Acción Histórica
De Dic 2021 a Ene 2022 Haga Click aquí para más Gráficas Stobart Group Ld.
Stobart Group Ld (LSE:STOB)
Gráfica de Acción Histórica
De Ene 2021 a Ene 2022 Haga Click aquí para más Gráficas Stobart Group Ld.