Conversion/Listing/Dir Hldgs
September 17 2003 - 8:41AM
UK Regulatory
RNS Number:8670P
Wigmore Group (The) PLC
17 September 2003
The Wigmore Group plc
("Wigmore" or the "Company")
Loan Note Conversion, Additional Listing and Director Shareholdings
Wigmore is pleased to announce that it has received notification from Artisan
(UK) plc ("Artisan") of the conversion of the remainder of its #162,500 Loan
Note in the Company. Artisan has converted #162,500 into 9,285,714 new ordinary
shares in the Company, based on the 30 June 2003 open offer price of 1.75p. The
entire #1,000,000 Artisan Loan Note has now either been repaid or converted into
equity and sold through the Company's broker.
The Company has made application for the 9,285,714 new ordinary shares to be
admitted to trading on AIM and dealings are expected to commence on Tuesday 23
September 2003. The Company will then have 209,711,111 ordinary shares in issue
The Company has been notified that Artisan has arranged for all its 9,285,714
new ordinary shares in the Company, resulting from this loan note conversion, to
be sold through the Company's broker, and therefore Artisan will not have a
notifiable interest in the Company. Certain of these shares have been placed
with Directors of the Company at 1.875p each as follows:
Director No. shares New total Percentage of
acquired holding enlarged share
capital
Peter Hewitt 106,666 2,503,023 1.19%
Peter Grisman 133,333 419,047 0.20%
Keith Lassman 53,333 575,562 0.27%
George Brooksbank 1,066,666 1,066,666 0.51%
This information is provided by RNS
The company news service from the London Stock Exchange
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