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Result of GM: Change of Name & Share Consolidation

29th Oct 2015 13:45

RNS Number : 8872D
Westside Investments PLC
29 October 2015
 

Westside Investments plc / Ticker: WST.L / Index: AIM / Sector: Investment

 

Westside Investments plc ('Westside' or 'the Group' or 'the Company')

 

Change of Name and Share Consolidation

 

 

Westside Investments plc, the AIM listed investment vehicle, announces that following a general meeting of the Company held earlier today, the Company will begin trading under its new name of Ultimate Sports Group Plc (ticker: AIM: USG) with effect from 08.00 a.m. on 30 October 2015. The Company's ISIN will be changing to GB00BYV31355.

 

Furthermore the Share Consolidation is now complete. As such, all Shareholders on the register as at 5.00 p.m. on 29 October 2015 (the Record Date) receive one New Ordinary Share of 10 pence each for every 100 Existing Ordinary Share of 0.1 pence each.

 

Following the Share Consolidation, replacement share certificates will be dispatched by first class post in respect of the newly denominated New Ordinary Shares which are to be held in certificated form. These new share certificates are expected to be dispatched by 14 November 2015. Share certificates dated on or before the Record Date should be destroyed as they will cease to be valid.

 

In relation to Existing Ordinary Shares which are held in uncertificated form, CREST accounts will be credited with the newly denominated New Ordinary Shares on 30 October 2015.

 

Following the Share Consolidation, for the purposes of the FCA's Disclosure and Transparency Rules, the number of New Ordinary Shares of 10 pence each in issue and admitted to trading will total 14,261,638.

 

Further details of the Share Consolidation are set out in the Circular which is available on the Company's website at www.westsideinvestments.com.

The definitions which apply in the Circular have been used in this announcement.

* * ENDS * *

 

 

For further information please visit www.westsideacquisitions.com or contact:

Geoffrey Simmonds

Westside Investments Plc

Tel: 020 7935 0823

Marc Milmo

Cantor Fitzgerald Europe

Tel: 020 7894 7000

Catherine Leftley

Cantor Fitzgerald Europe

Tel: 020 7894 7000

Elisabeth Cowell

St Brides Media & Finance Ltd

Tel: 020 7236 1177

 

 

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