W.H. Ireland Group PLC
17 April 2008
WH Ireland Group plc
('WH Ireland' or the 'Company')
Employee Share Offer
WH Ireland announces that it has today dispatched a letter to all employees of
the Company inviting them to participate in an offer of up to 300,000 ordinary
shares of 5p each in the Company ('Ordinary Shares') at a price of 100p per
share (the 'Employee Offer').
At the same time, WH Ireland also dispatched a letter to all of its self
employed members of staff inviting them to participate in a further offer of up
to 300,000 Ordinary Shares at a price of 100p per share (the 'Staff Offer').
The total number of shares in the Company made available for both the Employee
Share Offer and the Staff Offer is therefore up to 600,000 Ordinary Shares.
The Employee Offer is only being made to the Company's employees (other than
employees in overseas subsidiaries) and the Staff Offer is only being made to
the Company's self employed members of staff (all of whom are authorised by the
FSA). Both offers are conditional on, inter alia, completion of all aspects of
the transaction with the consortium of investors as summarised in the
announcement by the Company dated 1 April 2008.
Further updates will be provided to the market in due course.
For further information contact:
Laurie Beevers, WH Ireland Group plc
0161 832 6644
Greg Cant, Rothschild
0161 827 3800
This information is provided by RNS
The company news service from the London Stock Exchange