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SDL PLC   -  SDL   

Issue of Equity

Released 09:30 28-Nov-2017

RNS Number : 7136X
SDL PLC
28 November 2017
 

 

 

28 November 2017

SDL PLC

("the Company")

 

 

Application for Listing

 

Application has been made to the UK Listing Authority and the London Stock Exchange for admission to (i) the Official List and (ii) trading on the London Stock Exchange's markets of 40,622 Ordinary Shares of 1p each ("New Ordinary Shares").

 

The New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares in issue, will be issued as consideration shares to satisfy the third and final contingent earn out payment due to the vendors pursuant to the sale and purchase agreement in respect of the acquisition of GYPE BV by the Company on 1 January 2015.

 

It is expected that admission will become effective on 04 December 2017.

 

Enquiries:

 

Pamela Pickering

Company Secretary

Tel: 01628 417241

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Issue of Equity - RNS