Source - RNS
RNS Number : 3807K
Styles & Wood Group PLC
21 September 2016
 

 

Styles & Wood Group plc

("Styles&Wood" or the "Group")

 

Exercise of Warrants

 

Styles&Wood, the integrated property services and project delivery specialist, announces that it has today received notice for the exercise of 1,104,600 warrants. The warrants were issued as part of the refinancing of Group's Convertible Preference Shares undertaken in June 2015.

 

Admission and Total Voting Rights

 

Pursuant to the above exercise, 1,104,600 new ordinary shares of 1p each in the Company (the "New Ordinary Shares") have been issued and allotted.

 

The New Ordinary Shares are expected to be admitted to trading on AIM on 26 September 2016.

 

Following this admission, the Group's share capital and total voting rights comprises 8,439,550 ordinary shares of 1p each and the Group does not hold any shares in treasury. Consequently, 8,439,550 the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Inspired under the FCA's Disclosure and Transparency Rules.

 

Enquiries:

Styles & Wood Group plc                

Tony Lenehan, Chief Executive Officer

Philip Lanigan, Group Finance Director

 

Tel 0161 926 6000

Shore Capital                                   

Edward Mansfield/Mark Percy

 

Tel 0207 408 4090

FTI Consulting                          

Oliver Winters/James Styles

 

Tel 0203 727 1000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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