News and Announcements
DeClout Issues New Shares Pursuant to the Performance Share Plan
- Published February 16, 2016 2:49PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
15th February 2016
The board of directors (the “Board” or “Directors”) of DeClout Limited (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that, on 15 February 2016, the Company has allotted and issued 8,370,000 new ordinary shares in the capital of the Company (the “New Shares”) to certain Directors and employees of the Group pursuant to the vesting of the respective share awards granted under the DeClout Performance Share Plan.
The New Shares rank pari passu in all respects with the existing shares of the Company. The New Shares are expected to be listed and quoted on Catalist on or around 18 February 2016, and trading of the New Shares is expected to commence with effect from 9.00 a.m. on the same date.
To read the full announcement, please click here.
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