News and Announcements
Issuance Of New Shares Pursuant To The DeClout Performance Share Plan
- Published July 16, 2015 3:12PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
July 10th 2015
The board of directors (the “Board”) of DeClout Limited (the “Company”) wishes to announce that, on 10 July 2015, the Company has allotted and issued an aggregate of 300,000 new ordinary shares in the capital of the Company (the “New Shares”), to an employee of the Company pursuant to the vesting of the share awards granted under the DeClout Performance Share Plan.
The New Shares rank pari passu in all respects with the existing shares of the Company. The New Shares are expected to be listed and quoted on Catalist on or around 14 July 2015, and trading of the New Shares is expected to commence with effect from 9.00 a.m. on the same date.
Following the allotment and issuance of the New Shares, the total number of issued and paid-up share capital of the Company has increased from 455,100,030 to 455,400,030 ordinary shares.
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