The Company is not raising any funds or issuing any new shares in connection with Admission. No shares have been offered or marketed to the public in the UK or elsewhere in connection with Admission or the publication of the related prospectus. The Company's shares will continue to be registered with their existing ISIN number GB00BF5SGF06 and SEDOL number BF5SGF0. The Company's TIDM code on the London Stock Exchange will continue to be PCA.
The Company's issued share capital as at the date of this announcement comprises 46,388,515 ordinary shares, with one voting right per share (“Ordinary Shares”). This figure includes the 549,587 Ordinary Shares held in treasury.
Excluding the Ordinary Shares held in treasury, the figure of 45,838,928 Ordinary Shares 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 Guidance and Transparency Rules.
Existing shareholders need take no further action to maintain their existing holdings as this change only affects the platform the ordinary shares are traded on.
Neil Sinclair, Chief Executive Officer, said:
“This is another important milestone for the Company as we fulfil our commitment to move to the Main Market and is a testament to the value the management team has generated historically. Last year's £70 million placing to fund the £53.4 million acquisition of RT Warren (Investments) Limited offers further exciting potential for our business. We look forward to reporting continued growth in the medium-term as we develop beyond a c.£150 million market capitalisation and we will provide further updates in due course.”