Issue of Equity
2nd May 2017
Further to the announcement made on 13th May 2014, regarding the acquisition of iS Healthcare Dynamics (“iS”), the Company today announces that the final deferred consideration payments to the vendors of iS have now been settled in full.
To part satisfy the deferred consideration the Company has applied for the admission of 403,903 new ordinary shares of 10 pence each in the Company (“New Ordinary Shares”) to be admitted to trading on AIM. This Admission is expected to occur on 8 May 2017.
Following the issuance of these new Ordinary Shares, Cello’s issued share capital will consist of 104,094,797 ordinary shares of 10 pence each (“Ordinary Shares”). The Company holds 453,000 Ordinary Shares in treasury. The total number of current voting rights in the Company is therefore 103,641,797 Ordinary Shares.
The above figure (103,641,797 Ordinary Shares) may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA’s Disclosure and Transparency Rules.
2 May 2017
020 7812 8460
Mark Scott, Chief Executive
Mark Bentley, Finance Director
0207 397 8900