Exercise of Warrants & TVR

RNS Number : 7696A
Westminster Group PLC
03 January 2018
 

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

 

Westminster Group Plc:

 Exercise of Warrants and Total Voting Rights

 

Westminster Group Plc ('Westminster', the 'Group' or the 'Company'), the AIM-listed supplier of managed services and technology based security solutions, announces that it has received notice to exercise warrants over 875,000 Ordinary Shares of 10p each in the Company ("Ordinary Shares") at an exercise price of 10p per Ordinary Share. Accordingly, the Company has issued, 875,000 new Ordinary Shares in settlement of this exercise (the "Warrant Exercise").

 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 8 January 2018.

 

Following the Warrant Exercise and Admission, the Company will have 121,618,420 Ordinary Shares in issue with voting rights. Westminster does not currently hold any shares in treasury. Accordingly, this figure of 121,618,420 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

 

For further information, please contact:

 

 

Westminster Group Plc

Media enquiries via Walbrook PR

Rt. Hon. Sir Tony Baldry - Chairman

 

Peter Fowler - Chief Executive Officer

 

Martin Boden - Chief Financial Officer

 

 

 

S. P. Angel Corporate Finance LLP (NOMAD & Joint Broker)

 

Stuart Gledhill

020 3470 0470

Lindsay Mair

 

Caroline Rowe

 

 

 

Beaufort Securities Limited (Joint Broker)

 

Elliiot Hance

020 7382 8300

 

 

Walbrook (Investor Relations)

 

Tom Cooper

020 7933 8780

Paul Vann

0797 122 1972

 

tom.cooper@walbrookpr.com

 

 

Notes:

 

Westminster Group plc is a specialist security and services group operating worldwide through an international network of agents and offices in over 50 countries.

 

Westminster's principal activity is the design, supply and on-going support of advanced technology security solutions, encompassing a wide range of surveillance, detection, tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO's) and blue chip commercial organisations. 

 


 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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