discoverIE Group plc Issue of Equity & Total Voting Rights (6543U)
06 Diciembre 2021 - 2:29AM
UK Regulatory
TIDMDSCV
RNS Number : 6543U
discoverIE Group plc
06 December 2021
6 December 2021
discoverIE Group plc ("discoverIE", the "Company")
Issue of Equity & Total Voting Rights
discoverIE Group plc (LSE: DSCV, "discoverIE" or the "Group"), a
leading international designer, manufacturer and supplier of
customised electronics to industry, announces that an application
has been made for admission of 650,000 shares (the "New Ordinary
Shares") to the premium listing segment of the Official List of the
Financial Conduct Authority (the "FCA") and to trading on the main
market of the London Stock Exchange (together "Admission"). It is
expected that Admission will take place at 8.00 a.m. on 8 December
2021. The New Ordinary Shares will be issued to the Company's
Employee Benefit Trust to satisfy, inter alia, exercises of awards
under option.
Total voting rights
Following Admission becoming effective, the Company's issued
share capital will consist of 95,456,109 ordinary shares with
voting rights. Therefore, the total number of voting rights in the
Company will be 95,456,109. This figure may be used by shareholders
in the Company 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
disclosure guidance issued by the FCA and the transparency rules
made by the FCA under section 89A(1) of the Financial Services and
Markets Act 2000, as amended ("FSMA") (together, the "Disclosure
Guidance and Transparency Rules").
Contacts
For further information please contact:
discoverIE 01483 544 500
Nick Jefferies, Group Chief Executive
Simon Gibbins, Group Finance Director
Buchanan 020 7466 5000
Chris Lane, Toto Berger, Jack Devoy
Notes to Editors:
About discoverIE Group plc
discoverIE Group plc is an international group of businesses
that designs and manufactures innovative components for electronic
applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally. By designing
components that meet customers' unique requirements, which are then
manufactured and supplied throughout the life of their production,
a high level of repeating revenue is generated with long term
customer relationships.
With a focus on key markets driven by structural growth and
increasing electronic content, namely renewable energy, medical,
transportation and industrial & connectivity, the Group aims to
achieve organic growth that is well ahead of GDP and to supplement
that with targeted complementary acquisitions. The Group has an
ongoing commitment to reducing the impact of its operations on the
environment, while its key markets are aligned with a sustainable
future.
The Group's continuing operations employs c.4,500 people and its
principal operating units are located in Continental Europe, the
UK, China, Sri Lanka, India and North America.
The Group is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE250, classified within the
Electrical Components and Equipment subsector.
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(END) Dow Jones Newswires
December 06, 2021 03:29 ET (08:29 GMT)
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