Understanding Total Voting Rights for PayPoint Plc Stakeholders
Total Voting Rights Announcement by PayPoint Plc
On October 1, 2024, PayPoint Plc shared an important update about its total voting rights and share capital structure, which every stakeholder should be aware of.
As of September 30, 2024, the Company has a share capital made up of 72,197,199 ordinary shares, with each share valued at 1/3 pence. These ordinary shares provide their holders with the right to exercise one vote in all matters during the Company's general meetings.
Significance of the Voting Rights
The total number of shares listed, 72,197,199, is crucial for existing shareholders and those with notification obligations. This figure serves as a denominator for calculating whether shareholders need to disclose their stake or any changes to it in compliance with the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rules.
Understanding Shareholder Obligations
Shareholders should know their responsibilities regarding voting rights and disclosures. The voting rights enable shareholders to have a say in the company's future, influencing major decisions that affect the Company and its direction.
PayPoint Plc's Current Standings
Currently, PayPoint does not retain any shares in Treasury, which means all shares are available for shareholders to exercise their voting rights. This transparency helps build trust within the investment community.
Contacting PayPoint Plc
For those interested in more detailed inquiries about their rights or the Company’s regulations, contacting PayPoint Plc is encouraged. Julia Herd, representing Indigo Corporate Secretary Limited, serves as the Company Secretary and can provide assistance. You can reach her at +44 (0)7542031173 for general queries.
Leadership Insights
Moreover, Steve O’Neill, who is the Chief Marketing and Corporate Affairs Officer, is also available at +44 (0)7919 488066. His insights could provide further understanding of the Company's strategic direction and shareholder engagement efforts.
Frequently Asked Questions
What does total voting rights mean for shareholders?
Total voting rights represent the ability of shareholders to influence company decisions through their votes. Each ordinary share typically corresponds to one vote.
How many shares does PayPoint Plc currently have?
As of September 30, 2024, PayPoint Plc has 72,197,199 ordinary shares.
Who should shareholders contact for more information?
Shareholders can contact Julia Herd or Steve O’Neill for inquiries regarding their rights or company updates.
What is the purpose of the voting rights notification?
The notification informs shareholders of their voting rights and the total number of shares, which is essential for compliance with regulatory requirements.
Are there any treasury shares held by PayPoint Plc?
No, PayPoint Plc does not hold any shares in Treasury, meaning all shares are available for voting.
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