FOR IMMEDIATE RELEASE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
16 JANUARY 2024
Rotala PLC
("Rotala" or the "Company")
Issue of Equity,
Director/PDMR Shareholding
and
Rule 2.9 Announcement
Rotala PLC (AIM: ROL.L) announces that, following the sanction of the Scheme by the Court announced on 15 January 2024, a total of 1,595,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") have been sold out of treasury in order to satisfy the exercise of options, including by Kim Taylor, the Group Finance Director (further details of which are set out below), under the Rotala 2005 Share Option Scheme. Following this transaction, Kim Taylor holds 1,203,738 Ordinary Shares, which represents 3.69% of the Company's issued share capital.
Rule 2.9 Announcement
In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the Company confirms that it now has 32,616,784 Ordinary Shares in issue and holds 4,315,000 Ordinary Shares in treasury.
The International Securities Identification Number for the Ordinary Shares is GB00B1Z2MP60.
Suspension and cancellation of trading
As previously announced, the last day of dealings on AIM in, and for the registration of transfers of, Ordinary Shares is today, 16 January 2024. It is expected that trading on AIM in the Ordinary Shares will be suspended with effect from 7.30 a.m. on 17 January 2024 and the cancellation of admission to trading on AIM of the Ordinary Shares will be effective at 7.00 a.m. on 18 January 2024.
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| Rotala PLC | Tel: +44 (0) 121 322 2222 |
| Graham Spooner, Deputy Chair and Senior Independent Director Graham Peacock, Independent Non-Executive Director Kim Taylor, Group Finance Director | |
| Shore Capital | Tel: +44 (0) 20 7408 4090 |
| Tom Griffiths James Thomas Lucy Bowden | |
The person responsible for arranging the release of this announcement on behalf of Rotala is Kim Taylor, a director of Rotala.
Further information is disclosed below in accordance with Article 19 of the EU Market Abuse Regulation.
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Kim Taylor | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Group Finance Director | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Rotala PLC | ||||||
| b) | LEI | 213800ALMQ9Y4K5HPT66 | ||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a)
| Description of the financial instrument, type of instrument
Identification code | Options over ordinary shares of 25 pence each
ISIN: GB00B1Z2MP60 | ||||||
| b)
| Nature of the transaction | Exercise of options awarded under the Rotala 2005 Share Option Scheme | ||||||
| c)
| Price(s) and volume(s)
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| d)
| Aggregated information - Aggregated volume
- Weighted Price |
795,000
N/A | ||||||
| e)
| Date of the transaction | 16 January 2024 | ||||||
| f)
| Place of the transaction | Off market transaction | ||||||
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