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DJ Capital for Colleagues plc Issue of Equity

 
TIDMCFCP 
 
Capital for Colleagues plc / EPIC: CFCP / Market: NEX / Sector: Investment 
 
5 October 2017 
 
CAPITAL FOR COLLEAGUES PLC 
 
('Capital for Colleagues' or the 'Company') 
 
ISSUE OF EQUITY; DIRECTORS' INTERESTS 
 
Capital for Colleagues, the investment vehicle focused on opportunities in the 
Employee Owned Business ('EOB') sector, announces that 21,328 ordinary shares 
of 40p each in the Company ("Ordinary Shares") have been issued pursuant to the 
Company's Share Incentive Plan ("SIP"). 
 
In April 2017, the Executive Directors and certain key employees of the Company 
agreed that, for a period of at least 12 months from May 2017, a proportion of 
their monthly earnings would be satisfied by the allotment of Ordinary Shares 
rather than cash. The SIP was established so that, amongst other things, these 
allotments could be made in a tax efficient manner. Following receipt of HM 
Revenue & Customs approval for the SIP in September 2017, 21,328 Ordinary 
Shares have been subscribed for by the Trustee of the SIP at a price of 45 
pence per share in respect of the period ended 31 August 2017. 
 
John Eckersley and Alistair Currie, both of whom are Executive Directors of the 
Company, are each interested in 5,999 of the 21,328 Ordinary Shares allotted 
and their interests in the Company's enlarged issued share capital are as 
follows: 
 
                                          Ordinary Shares              % 
 
John Eckersley                            478,010                      3.10 
 
Alistair Currie                           351,512                      2.28 
 
In accordance with the Financial Conduct Authority's Disclosure and 
Transparency Rules, Capital for Colleagues announces that the Company now has 
15,405,339 Ordinary Shares in issue, each share carrying the right to one vote. 
The Company does not hold any Ordinary Shares in treasury. 
 
The above figure of 15,405,339 should be used by shareholders in the Company 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 
Company under the Financial Conduct Authority's Disclosure and Transparency 
Rules. 
 
The Directors of the Company are responsible for the contents of this 
announcement. 
 
**ENDS** 
 
For further information, please visit www.capitalforcolleagues.com or contact: 
 
 
CAPITAL FOR COLLEAGUES PLC                                      0161 464 7538 
Richard Bailey, Chairman 
John Eckersley, Chief Executive 
 
PETERHOUSE CORPORATE FINANCE LIMITED                            020 7469 0930 
Mark Anwyl 
Duncan Vasey 
 
Notes 
 
Capital for Colleagues is an investment company focused on the Employee Owned 
Business ('EOB') sector.  The Company has a clear strategy aimed at investing 
in, advising and growing established, mainly UK-based, EOBs as well as 
assisting companies which are looking to launch employee ownership schemes, 
providing the capital and advice to help them achieve their objectives. 
 
Capital for Colleagues has a proven management team, with a wide network of 
contacts and affiliates, as well as established access to investment 
opportunities, enabling the Company to execute its strategy and identify and 
capitalise on EOB-focused investment opportunities. 
 
Market Abuse Regulation (MAR) Disclosure 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 

(END) Dow Jones Newswires

October 05, 2017 02:10 ET (06:10 GMT)