Flowtech Fluidpower plc, a specialist full-service supplier of technical fluid power products and services, has received notice from Zeus Capital Limited to exercise its right to subscribe for 1.2 million new ordinary shares at 100 pence per share. This exercise has generated £1.2m for the company, which will be used to reduce net debt. The new shares are expected to be admitted to trading on AIM around 28 May 2024. Following this, the total number of voting rights in the company will be 62,875,173, with no shares held in treasury. Shareholders can use this figure for disclosure calculations under the FCA's Disclosure Guidance and Transparency Rules. For further information, shareholders can contact the company or visit their website.