Share Consolidation and Total Voting Rights

RNS Number : 9342L

Workspace Group PLC

08 August 2011

 



For immediate release: 8 August 2011

Workspace Group PLC (the "Company")

Share Consolidation and Total Voting Rights

At its annual general meeting, held on Thursday 28 July 2011, the Company proposed to its shareholders a 10:1 share consolidation (the "Share Consolidation"). The Share Consolidation was approved by shareholders and became effective today, at 8:00 am.  As a result, shareholders now hold 1 Ordinary Share of £1.00 each for every 10 Ordinary Shares of £0.10 each held prior to the Share Consolidation, subject to any fractional entitlements which will be aggregated and sold in the market for the best price reasonably obtainable on behalf of the shareholders entitled to the fractions (provided that if the net proceeds are less than £3.00, they will be retained by the Company and donated to charity).

In addition, as a result of the Share Consolidation becoming effective, the total number of shares with voting rights is 144,091,418. This figure should be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

Enquiries

Carmelina Carfora
Workspace Group PLC

 

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