For immediate release
31 August 2016
General Industries PLC
("General Industries" or the "Company")
Change of Name, Exercise of Options and TVR
Change of Name
Further to the announcement of 21 July 2016 the Board wishes to confirm that yesterday the Company's name changed to Aquila Services Group plc. Trading in the Company's ordinary shares on the Main Market of the London Stock Exchange under the new name Aquila Services Group plc will take effect from 8.00 a.m. tomorrow, 1 September 2016. As a result the Company's TIDM will change to "AQSG".
The Company's corporate website will now be available at www.aquilaservicesgroup.co.uk.
Exercise of Options and Total Voting Rights
In addition, the Company has received notice from an employee to exercise an option to subscribe for 42,315 ordinary shares at a price of £0.05 per ordinary share. The notice was accepted as valid and having received funds of £2,115.75, the Company has accordingly issued and allotted 42,315 new ordinary shares (the "Option Shares").
Applications are being made to the UK Listing Authority and the London Stock Exchange for the Option Shares to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities (the "Admission"). It is expected that Admission will become effective on or around 6 September 2016.
Following the issue of the Option Shares, which on Admission will rank pari passu with the existing ordinary shares, the total number of ordinary Shares in issue with voting rights in the Company is 32,651,003. There are no shares held in treasury.
The above figure of 32,651,003 may therefore be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
For further information please visit www.aquilaservicesgroup.co.uk. or contact:
General Industries plc
Tel: 020 7934 0175
Beaumont Cornish Limited, Financial Adviser
Tel: 020 7628 3396
This information is provided by RNS