RNS Number : 2930R
Utilico Emerging Markets Limited
08 March 2016

For immediate release on 8 March 2016


Utilico Emerging Markets Limited (the 'Company')


Conversion of Subscription Shares


The Company announces that today it has issued and allotted 42,717 Ordinary Shares following the exercise of conversion rights by Subscription Shareholders.


Application has been made for the Ordinary Shares to be admitted to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange. It is expected that dealings in the new Ordinary Shares will commence at 8.00 a.m. on 11 March 2016.


Subject to the listing application, the Company's issued share capital will comprise 211,462,599 Ordinary Shares and 42,605,893 Subscription Shares.


The above figure (211,462,599) may be used by shareholders 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 FCA's Disclosure and Transparency Rules.


Terms used and not defined in this announcement bear the meaning given to them in the Prospectus dated 3 September 2015.



For further information please contact

ICM Investment Management Limited

Charles Jillings


01372 271486

Westhouse Securities Limited

Alastair Moreton
Rose Ramsden


0207 601 6118






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