Additional Listing

RNS Number : 3468K

Wilmington Group Plc

13 July 2011

 



Wilmington Group Plc

13 July 2011

Wilmington Group plc

Additional Listing

Wilmington Group plc ("the Company" or "Wilmington") announces that it has recently completed the purchase of the remaining 10% minority interest in its subsidiary Beechwood House Publishing Limited ("Beechwood"). Under the terms of the acquisition agreement dated 7 September 2000 as amended by a subsequent agreement dated 16 March 2011, the consideration of £1.82 million for the outstanding shares in Beechwood is to be satisfied by the issue by the Company of 1,289,156 new ordinary shares of 5p each ("Shares").

Application has therefore been made to the Financial Services Authority and the London Stock Exchange for 1,289,156 Shares to be admitted to the official List of the UKLA and to trading on the London Stock Exchange. It is expected that the Shares will be admitted and trading will commence on 18 July 2011. The Shares will rank pari passu with the Company's existing issued ordinary shares

The issued share capital of the Company is currently 82,871,981 ordinary shares each with voting rights. Therefore, following admission of the new 1,289,156 Shares, the issued share capital of the Company will be 84,161,137 ordinary shares each with voting rights.

1,942,000 ordinary shares are held in treasury and are not included in the above figures.

Richard Cockton

Company Secretary

 

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