Petards Group PLC Issue of Equity (3486R)
2013年10月24日 - 10:53PM
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RNS Number : 3486R
Petards Group PLC
24 October 2013
Petards Group plc
("Petards" or "the Company")
Issue of Equity
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that it has made an application to
the London Stock Exchange for 96,322 new ordinary shares to be
admitted to trading on AIM. It is expected that such Admission will
become effective and that dealings will commence at 8.00 a.m. on 25
October 2013.
Of the new ordinary shares 43,885 are being issued in part
settlement for the consideration due in relation to Petards' offer
for Water Hall Group plc which was declared wholly unconditional on
30 August 2013. The number of new ordinary shares being issued,
together with new ordinary shares already issued as consideration,
corresponds to valid acceptances received in respect of a total of
80,750,003 Water Hall Shares (representing approximately 92.14% of
the existing ordinary share capital of Water Hall).
The other 52,437 new ordinary shares are being issued pursuant
to the conversion of convertible loan notes.
In accordance with the provisions of the Disclosure and
Transparency Rules of the Financial Conduct Authority, the Company
confirms that, following this issue, its issued share capital will
comprise 21,012,353 Ordinary Shares of 1p each. All of the Ordinary
Shares have equal voting rights. The 3,259,933 Ordinary Shares
formerly held by Water Hall Group plc are now held in Treasury. The
total number of voting rights in the Company is therefore
17,752,420.
This figure 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
share capital of the Company under the Disclosure and Transparency
Rules.
For further information:
Petards Group plc www.petards.com
Andy Wonnacott, Finance Director Tel: 0191 420 3000
Raschid Abdullah, Chairman Tel: 01483 452333
WH Ireland Limited www.wh-ireland.co.uk
Mike Coe Tel: 0117 945 3470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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