Elecosoft plc
(“Elecosoft”, the “Company” or the “Group”)
Result of Scrip Dividend
Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, announces that further to the Company’s announcement on 24 September 2019, it has received final results for the scrip dividend alternative in respect of 37,490,095 existing ordinary shares of 1p each in the capital of the Company (“Ordinary Shares”). This figure represents approximately 45.7 per cent of the Company’s issued Ordinary Share capital.
Accordingly, based on the previously announced reference price of 77.9 pence per share and the final approved dividend of 0.30p per share, a total of 143,911 new Ordinary Shares have been allotted by the Company to shareholders to receive the scrip dividend.
Pursuant to the scrip dividend, the following Directors will receive new Ordinary Shares in the Company:
|
Name |
Position |
Number of existing Ordinary Shares held |
New Ordinary Shares pursuant to the Scrip Dividend |
Total number of Ordinary Shares held following Admission |
% of the issued share capital following Admission |
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|
John Ketteley |
Executive Chairman |
9,284,086 |
30,978 |
9,315,064 |
11.33% |
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|
David Dannhauser |
Non-Executive Director |
451,723 |
1,738 |
453,461 |
0.55% |
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|
Anders Karlsson |
Managing Director of Elecosoft Consultec AB |
15,321 |
58 |
15,379 |
0.02% |
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|
Kevin Craig |
Non-Executive Director |
22,036 |
84 |
22,120 |
0.03% |
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Application has been made for 143,911 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 31 October 2019. Following Admission, Elecosoft will have 82,211,903 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 82,211,903.
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For further information, please contact:
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Elecosoft plc |
Tel: +44 (0)20 7422 8000 |
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JHB Ketteley, Executive Chairman |
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Jonathan Hunter, Chief Operating Officer Ben Moralee, Finance Director |
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finnCap Ltd |
Tel: +44 (0)20 7220 0500 |
|
Geoff Nash / Kate Washington (Corporate Finance) |
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Camille Gochez (Corporate Broking) |
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Redleaf Communications |
Tel: +44 (0)20 3757 6880 |
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Elisabeth Cowell / Fiona Norman |
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About Elecosoft plc
Elecosoft is a specialist international provider of software and related services to the Architectural, Engineering, Construction and Owner-Operator industries and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft’s market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software solutions cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions. Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO).
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
John Ketteley |
|
2. |
Reason for the Notification |
|
|
a) |
Position/status |
Executive Chairman |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Elecosoft plc |
|
b) |
LEI |
21380016GT9Z6ZQX4T37 |
|
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 |
Ordinary shares of 1 pence each (“Ordinary Shares”) |
|
Identification code |
ELCO GB0003081246 |
|
|
b) |
Nature of the transaction |
Issue of Ordinary Shares pursuant to scrip dividend
|
|
c) |
Price(s) and volume(s) |
77.9 pence per Ordinary Share 30,978 Ordinary Shares |
|
d) |
Aggregated information: Aggregated volume Price |
See 4c) above
|
|
e) |
Date of the transaction |
31 October 2019 |
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
David Dannhauser |
|
2. |
Reason for the Notification |
|
|
a) |
Position/status |
Non-Executive Director |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Elecosoft plc |
|
b) |
LEI |
21380016GT9Z6ZQX4T37 |
|
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 |
Ordinary shares of 1 pence each (“Ordinary Shares”) |
|
Identification code |
ELCO GB0003081246 |
|
|
b) |
Nature of the transaction |
Issue of Ordinary Shares pursuant to scrip dividend
|
|
c) |
Price(s) and volume(s) |
77.9 pence per Ordinary Share 1,738 Ordinary Shares |
|
d) |
Aggregated information: Aggregated volume Price |
See 4c) above
|
|
e) |
Date of the transaction |
31 October 2019 |
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Anders Karlsson |
|
2. |
Reason for the Notification |
|
|
a) |
Position/status |
Managing Director of Elecosoft Consultec AB |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Elecosoft plc |
|
b) |
LEI |
21380016GT9Z6ZQX4T37 |
|
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 |
Ordinary shares of 1 pence each (“Ordinary Shares”) |
|
Identification code |
ELCO GB0003081246 |
|
|
b) |
Nature of the transaction |
Issue of Ordinary Shares pursuant to scrip dividend
|
|
c) |
Price(s) and volume(s) |
77.9 pence per Ordinary Share 58 Ordinary Shares |
|
d) |
Aggregated information: Aggregated volume Price |
See 4c) above
|
|
e) |
Date of the transaction |
31 October 2019 |
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Kevin Craig |
|
2. |
Reason for the Notification |
|
|
a) |
Position/status |
Non-Executive Director |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Elecosoft plc |
|
b) |
LEI |
21380016GT9Z6ZQX4T37 |
|
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 |
Ordinary shares of 1 pence each (“Ordinary Shares”) |
|
Identification code |
ELCO GB0003081246 |
|
|
b) |
Nature of the transaction |
Issue of Ordinary Shares pursuant to scrip dividend
|
|
c) |
Price(s) and volume(s) |
77.9 pence per Ordinary Share 84 Ordinary Shares |
|
d) |
Aggregated information: Aggregated volume Price |
See 4c) above
|
|
e) |
Date of the transaction |
31 October 2019 |
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
END
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