Pressure Technologies PLC Result of General Meeting (5460V)
November 03 2017 - 8:31AM
UK Regulatory
TIDMPRES
RNS Number : 5460V
Pressure Technologies PLC
03 November 2017
3 November 2017
Pressure Technologies plc
("Pressure Technologies" or the "Company")
Result of General Meeting
Pressure Technologies plc (AIM: PRES), the specialist
engineering group, is pleased to announce that at the general
meeting held earlier today, all resolutions proposed were duly
passed.
Application has been made for 4,100,000 new ordinary shares,
pursuant to the Placing announced on 16 October 2017, to be
admitted to trading on AIM and it is expected that admission will
occur at 8.00 a.m. on 6 November 2017.
Other than where defined, capitalised terms used in this
announcement have the meanings given to them in the Announcement
released by the Company on 16 October 2017.
Total Voting Rights
Following Admission, the Company's issued share capital will
comprise 18,595,165 Ordinary Shares with voting rights in the
Company. This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the share capital of the Company under the Disclosure Guidance
and Transparency Rules of the Financial Conduct Authority.
For further information, please contact:
Pressure Technologies plc Tel: 0114
John Hayward, Chief Executive 257 3622
Joanna Allen, Group Finance Director
Keeley Clarke, Investor Relations
Cantor Fitzgerald Europe (Nominated Tel: 020
Adviser and Broker) 7894 7000
Philip Davies
Will Goode
Company description - www.pressuretechnologies.com
With its head office in Sheffield, Pressure Technologies was
founded on its leading market position as a designer and
manufacturer of high-pressure systems serving the global energy,
defence and industrial gases markets. Today it continues to serve
those markets from a broader engineering base with specialist
precision engineering businesses and has a worldwide presence in
Alternative Energy as a global leader in biogas upgrading.
Pressure Technologies has four divisions, Precision Machined
Components, Engineered Products, Cylinders and Alternative Energy,
serving four markets: oil and gas, defence, industrial gases and
alternative energy.
Precision Machined Components
-- Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk
-- Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk
-- Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk
-- Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk
Engineered Products
-- Hydratron, Manchester, acquired in 2010 www.hydratron.com
Cylinders
-- Chesterfield Special Cylinders, Sheffield, IPO cornerstone in
2007, CSC Deutschland Gmbh, which is based in Dorsten, Germany and
Chesterfield Special Cylinders Inc. which is based in Houston, USA
www.chesterfieldcylinders.com
Alternative Energy
-- Greenlane Biogas, Sheffield, UK and Vancouver, Canada and
Greenlane Technologies Auckland, New Zealand (Greenlane Biogas
acquired in October 2014) www.greenlanebiogas.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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