30th May 2018 13:20
LONDON (Alliance News) - Wey Education PLC on Wednesday said it has netted GBP35,114 after the exercise of 702,271 share warrants in the company.
The warrants were exercised by a former executive, Gary Pinkerton. Wey said current Executive Chairman David Massie's IAF Capital Ltd held warrants over 2.5% of Wey's share capital, and 0.5% of that was on trust for Pinkerton.
IAFC has also decided to exercise its warrants over 2.8 million Wey shares at 5p each, netting the firm GBP140,454.
Shares were down 2.0% on Wednesday at 17.40 pence each.
Related Shares:
WEY.L