Admission and Director/PDMR shareholding

RNS Number : 8471X

National World PLC

07 May 2021

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

National World plc

("National World," or the "Company")

Admission to listing on the Official List and to trading on the London Stock Exchange

Director/PDMR Shareholding

National World plc (LSE: NWOR) announces that its entire issued share capital of 259,432,801 Ordinary Shares has today been admitted to listing on the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc under the TIDM "NWOR".

Prior to Admission, the Company had in issue 54,000,000 Ordinary Shares and at Admission issued a further 205,432,801 Ordinary Shares on conversion of all of the £20 million of 10% Convertible Secured Loan Notes that the Company had in issue.

The total number of Ordinary Shares in issue will be 259,432,801 and this number 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 Guidance and Transparency Rules.

National World is a public limited company incorporated in England and Wales with company number 12021298. The Ordinary Shares are registered with ISIN GB00BJN5J635, SEDOL code BJN5J63, TIDM "NWOR" and LEI 213800NL4ICLKYSYU749.

Capitalised terms used in this announcement are as defined in the prospectus published by the Company on 4 May 2021, unless the context otherwise requires.

- Ends -

For further information please contact:

National World plc David Montgomery Vijay Vaghela	[phone]
Dowgate Capital Limited - Financial Adviser and Broker James Serjeant Nicholas Chambers	[phone]
Alvarium MB (UK) Limited - Financial Adviser Zeph Sequeria	[phone]
Stanhope Capital LLP - Financial Adviser Nigel Spray Rakesh Sharma Emmanuel Daïen	[phone]

The Company makes this announcement, including the notification(s) below, in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1. David Montgomery 2. Vijay Vaghela 3. Mark Hollinshead 4. Daniel Cammiade 5. John Rowe 6. Steve Barber
2	Reason for the notification
a)	Position/status	1. Executive Chairman 2. Chief Operations Officer 3. Chief Commercial Officer 4. Non-Executive Director 5. Non-Executive Director 6. Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National World plc
b)	LEI	213800NL4ICLKYSYU749
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of nominal value 0.1 pence each ISIN: GB00BJN5J635
b)	Nature of the transaction	Conversion of 10% Convertible Secured Loan Notes into new Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. 11 pence 2. 11 pence 3. 11 pence 4. 11 pence 5. 11 pence 6. 11 pence 1. 1,031,631 2. 1,031,631 3. 257,907 4. 513,200 5. 1,031,631 6. 1,031,631
d)	Aggregated information	Price(s) Aggregated volume (s) n/a n/a
e)	Date of the transaction	7 May 2021
f)	Place of the transaction	Outside a trading venue

 

END

 

 

ALSUPUWPAUPGGBQ