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Approval of Acquisition

6th Apr 2005 12:16

Walker,Crips,Weddle,Beck PLC06 April 2005 WALKER, CRIPS, WEDDLE, BECK PLC APPROVAL OF THE ACQUISITION OF G&E INVESTMENT SERVICES LIMITED Further to the announcement dated 21st March 2005, Walker, Crips, Weddle, Beckplc ("WCWB"), the fully listed stock and share broker, announces that, at anextraordinary general meeting held on 6th April 2005, shareholders unanimouslyapproved the acquisition of G&E Investment Services Limited. This acquisitionhas now been completed subject to the admission of the 800,000 shares of 20peach in WCWB, which constitute part of the initial consideration under the termsof the acquisition agreement, (' the Initial Consideration Shares') beingadmitted to the Official List, and to these shares being admitted to trading onthe London Stock Exchange's market for Listed Securities. Application has been made for the Initial Consideration Shares in WCWB to beadmitted to the Official List of the UK Listing Authority and an application hasalso been made for admission to trading on the London Stock Exchange. Followingadmission, WCWB will have 11,563,466 ordinary shares of 20p each in issue. It is expected that these shares will be admitted to trading on Monday 11thApril. 6th April 2005 For further information contact: Walker, Crips, Weddle, Beck plc - Michael Sunderland (020 7253 7502)G&E Investment Services Limited - David Hetherton ( 01904 544 300) This information is provided by RNS The company news service from the London Stock Exchange

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Walker Crips
FTSE 100 Latest
Value8,054.98
Change-419.76