HML Holdings plc
("HML" or the "Company")
Issue of Equity
HML Holdings plc (AIM: HMLH), a leading provider of property management, insurance and ancillary services to residential property blocks, announces the issue and allotment of 1,818,181 new ordinary shares pursuant to the completion of the acquisition of the business and assets of Scotts of Putney ("Scotts"). The Company announced the acquisition of Scotts on 7 November 2011 for a total consideration of £1.9 million to include £0.2 million in new ordinary shares of 1.5p each in HML on completion.
Application has been made for the new ordinary shares to be admitted to trading on the AIM market and admission is expected at 8.00 am on 29 November 2011. Following this issue of equity, the total issued share capital of the Company will be 36,219,747. The Company holds no ordinary shares in treasury. Therefore, following this issue of equity, the total number of voting rights in the Company will be 36,219,747.
For further information please visit www.hmlholdings.com
HML Holdings plc: 020 8439 8529
Robert Plumb, Chief Executive
James Howgego, Financial Director
Ed Frisby, Christopher Raggett - corporate finance 020 7220 0500
Simon Starr - corporate broking
Tavistock Communications Group: 020 7920 3150
James Verstringhe, Jeremy Carey
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