Issue of Equity and Total Voting Rights

RNS Number : 2048N

Walker Crips Group plc

27 January 2016

 

27 January 2016

Walker Crips Group plc

Issue of Equity and Total Voting Rights

Walker Crips Group plc ("Walker Crips" or the "Company"), the financial services group with activities including stockbroking, investment and wealth management, announces that, an aggregate of 361,081 new ordinary shares in the capital of Company (the "Shares") have been issued and allotted to personnel associated with the Company in order to meet contractual commitments made by the Company as part of the ongoing expansion of its client base. It has been agreed that the onward sale of the Shares will be restricted for the period until December 2019 at the earliest.

Application is being made to the UK Listing Authority for the Shares to be admitted to the Official List, and application is being made to the London Stock Exchange for the Shares to be admitted to trading on its main market for listed securities. It is expected that such admission will become effective at 8.00 am on 2 February 2016 ("Admission").

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company notifies the market that following Admission, the Company's issued share capital will consist of 38,924,046 ordinary shares with a nominal value of 6 2/3 pence each ("Ordinary Shares") with each Ordinary Share carrying the right to one vote.  The Company holds 750,000 Ordinary Shares in Treasury.  Therefore, following Admission, the Company will have 38,174,046 Ordinary Shares in issue (excluding treasury shares) and, accordingly, the total number of voting rights in the Company will be 38,174,046.

The above figure 38,174,046 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, Walker Crips Group plc under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information contact:

Walker Crips Group plc                                                [phone]

Rodney FitzGerald, Chief Executive

Cantor Fitzgerald Europe                                              [phone]

Rishi Zaveri / Will Goode

 

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