Exercise of Options and Issue of Equity
10 November 2022
("Crestchic", the "Company" or the "Group")
Exercise of options and issue of equity
Crestchic plc, the power reliability company, announces that, further to an exercise of options, it has made an application for the admission to trading on AIM ("Admission") of 5,000 new ordinary shares of 10p each in the Company ("Ordinary Shares"). It is expected that admission will occur on 15 November 2022.
Total voting rights
Following Admission, the Company's issued share capital will comprise 29,627,610 Ordinary Shares, including 1,460,150 Ordinary Shares held in treasury.
Therefore, the figure of 28,167,460 ordinary shares should 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information
Crestchic Plc 01283 531645
Peter Harris, Executive Chairman
Iwan Phillips, Finance Director
Shore Capital (Nominated Adviser and Broker) 020 7408 4050
Robert Finlay / David Coaten / Henry Willcocks
Buchanan Communications 020 7466 5000
Charles Ryland / Stephanie Whitmore
Crestchic plc hires and sells specialist industrial equipment. With offices or agents in the UK, USA, The Middle East, Belgium, Germany, France, Singapore, China and South Korea, Crestchic has a global customer base. This includes utility companies, renewables, the oil and gas sector, data centres, shipping, banking, mining, construction and the public sector. The product range includes loadbanks, transformers, and drilling tools. Crestchic was admitted to AIM in 2006 since when it has grown by providing a high level of service, responsiveness and flexibility to customers.