Issue of Offer Ordinary Shares
post-template-default,single,single-post,postid-15961,single-format-standard,bridge-core-2.0.5,ajax_fade,page_not_loaded,,vertical_menu_enabled, vertical_menu_transparency vertical_menu_transparency_on,side_area_uncovered_from_content,qode-child-theme-ver-1.0.0,qode-theme-ver-19.2.1,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-6.0.5,vc_responsive

Issue of Offer Ordinary Shares

Issue of Offer Ordinary Shares


(“Vordere” or the “Company)

Issue of Offer Ordinary Shares

Further to the publication of the prospectus setting out details of, inter alia, the offer for subscription, the Company is pleased to announce that it has today allotted 441,175 Offer Ordinary Shares of nominal value £0.02 in the capital of the Company at a price of £0.17 per share (“Share Allotment”) in exchange for subscriptions equal to £75,000.  The “Offer Ordinary Shares”, are defined in the prospectus

The Company’s total issued share capital as of the date of this announcement is 196,285,714 of shares of nominal value £0.02. Therefore, the total number of voting rights in the Company is 196,285,714. Following the Share Allotment, the issued share capital will be 196,726,889 shares. The Company does not hold any Ordinary Shares in Treasury. The total voting rights is therefore 196,726,889 shares.

An application will be made for the Offer Ordinary Shares to be admitted to the standard segment of the Official List and to trading on the London Stock Exchange’s main market for listed securities. It is expected that admission will become effective and that unconditional dealings will commence on the London Stock Exchange on or around 23 February 2018.

The issued share capital figure above may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or change to their interest in, the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

For further information, please visit or contact the following:

Vordere PLC
Jayne Meacham, Company Secretary+44 (0) 117 918 1383

Peterhouse Corporate Finance Limited
Lucy Williams / Duncan Vasey+44 (0) 20 7220 9797

LEI number of Vordere PLC: 213800VALWEYWTLOX423

Classification: Announcement made pursuant to 5.6.1A of the FCA Disclosure and Transparency Rules