Formation of Employee Benefit Trust
Servoca, the AIM listed provider of public sector resourcing and outsourced services to the healthcare, education and security sectors, announces that, today, 4,400,000 New Ordinary Shares of 1p each have been issued in respect of a subscription by the Servoca Plc Employee Benefit Trust.
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM and admission is expected on 1 February 2010.
Following the issue and allotment of the New Ordinary Shares, the total enlarged issued ordinary share capital of the Company will be 122,591,759. The Company holds no shares in Treasury; therefore the total number of voting rights will be 122,591,759. This figure may be used by shareholders in determining whether they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.