For immediate release |
23 May 2017 |
WALKER GREENBANK PLC
("Walker Greenbank" or the "Company")
Blocklisting Application
Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, announces that application has been made to the London Stock Exchange for a block listing of securities in respect of 800,000 new ordinary shares of 1p each ("New Ordinary Shares") to be admitted to trading on AIM.
The New Ordinary Shares will be issued from time to time pursuant to the exercise of employee share options under the Company's Long-Term Incentive Plan.
On exercise these New Ordinary Shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue. It is expected that the block listing will become effective on 30 May 2017.
For further information:
Walker Greenbank PLC |
+44 (0) 844 543 4668 |
John Sach, Chief Executive Mike Gant, Chief Financial Officer |
|
Caroline Geary, Company Secretary |
|
|
|
Investec Bank plc |
+44 (0) 20 7597 5970 |
Garry Levin / David Anderson / Alex Wright - Corporate Finance |
|
Henry Reast - Corporate Broking |
|
|
|
Buchanan |
+44 (0) 20 7466 5000 |
Mark Court / Sophie Cowles / Catriona Flint |
|
Notes for editors:
About Walker Greenbank
Walker Greenbank PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives significant licensing income from the use of its designs on a wide range of interior products such as bed linen, rugs and tableware.
Walker Greenbank's brands include Sanderson, Morris & Co, Harlequin, Zoffany, Scion and Anthology. The brand portfolio was recently extended with the acquisition in October 2016 of the Clarke & Clarke and Studio G brands.
The Company has a strong UK manufacturing base comprising a wallpaper factory in Loughborough and a fabric printing factory in Lancaster. Both factories manufacture for the Company and for other wallpaper and fabric brands.
Walker Greenbank employs more than 600 people and its products are sold in more than 85 countries worldwide. It has showrooms in London, New York, Paris, Amsterdam and Dubai along with partnership showrooms in Moscow and in Shenzhen, China.
Walker Greenbank trades on the AIM market of the London Stock Exchange under the ticker symbol WGB.
For further information please visit: www.walkergreenbank.com/