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Exercise of options

22nd Mar 2019 07:00

RNS Number : 6594T
Shearwater Group PLC
22 March 2019
 

22 March 2019

 

SHEARWATER GROUP PLC

("Shearwater", or the "Company")

Exercise of options

 

Issue of equity

 

Shearwater Group plc (AIM: SWG), announces that pursuant to an exercise notice it has received, it has issued and allotted 285,714 new ordinary shares of 1 pence each in the capital of the Company. Application has been made for the 285,714 new ordinary shares to be admitted to trading on AIM, which is expected to take place on 27 March 2019. The new ordinary shares will rank pari passu with the existing ordinary shares in issue.

 

Total Voting Rights

In accordance with the provisions of the Disclosure, Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following admission, its issued share capital will comprise 1,903,964,852 ordinary shares of 1p each, none of which are held in treasury. Accordingly, the total number of voting rights in the Company will therefore be 1,903,964,852 on admission.

 

Enquiries:

 

Shearwater Group plc

David Williams

Michael (Mo) Stevens

 

www.theshearwatergroup.co.uk

c/o Instinctif Partners

Cenkos Securities plc - NOMAD and Broker

Max Hartley - NOMAD

Julian Morse / Michael Johnson - Sales

 

+44 (0) 20 7397 8900

Instinctif Partners

Adrian Duffield / Chantal Woolcock

[email protected]

+44 (0) 20 7457 2815

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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