Aseana Properties Limited Settlement Condition satisfied
April 02 2024 - 9:32AM
RNS Regulatory News
RNS Number : 0012J
Aseana Properties Limited
02 April 2024
2 April 2024
Aseana Properties
Limited
("Aseana" or the "Company")
Settlement Condition
satisfied
Aseana Properties Limited (LSE: ASPL), a
property developer in Malaysia listed on the Main Market of the
London Stock Exchange, is pleased to announce that all conditions
pursuant to the Settlement Agreement have been satisfied and the
38,837,504 ordinary shares transferred from ICB to the Company have
been cancelled (the "Share Cancellation").
Following the Share Cancellation, the Company
has an issued share capital of 173,187,496 ordinary shares of
US$0.05 each with one vote per ordinary share, and 2 Management
Shares of $0.05 each, with one vote per Management Share. The
figure includes 13,334,000 ordinary shares which are held in
treasury. Voting rights on treasury shares are not
exercisable.
Therefore, the total number of voting rights in
Aseana is 159,853,498 and this figure may be used by shareholders
as the denominator for the calculations by which they can determine
if they are required to notify their interest in, or a change to
their interest in the Company under the Rules.
Capitalised terms used but not defined in this
announcement have the meanings set out in the Circular.
For further
information:
Aseana
Properties Limited
Nick Paris, Non-Executive Chairman
nickparis@btinternet.com
+44 (0)7738 470550
Grant Thornton
UK LLP
Philip Secrett, Enzo
Aliaj
+44 (0)207 383 5100
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