WFCA Wfca

 

TIDMWFCA 
 
RNS Number : 6525J 
WFCA PLC 
01 April 2010 
 
                                    WFCA plc 
 
                     ("WFCA", "the Company" or "the Group") 
 
 
                                Issue of Equity 
 
 
WFCA, the leading regional advertising and marketing agency, announces that, 
pursuant to the deferred consideration due under the share sale and purchase 
agreement made between WFCA Integrated Limited vendors Michael Richards, Andrew 
Peake and Rodger Braidwood and the Company and as amended by the deed of 
variation made between all parties dated 19 May 2009 and as announced on the 
following day, the Company has today issued and allotted a total of 2,607,400 
ordinary shares of 1p each ("Ordinary Shares") to certain directors, as follows: 
 
Michael Richards (Chief Executive Officer) - 1,303,700 Ordinary Shares 
 
Rodger Braidwood (Non Executive Director)- 1,303,700 Ordinary Shares 
 
The resultant holdings of Mr Richard and Mr Braidwood are as follows: 
 
Michael Richards - 109,810,391 Ordinary Shares, representing approximately 40.9 
per cent of the issue share capital of the Company. 
 
Rodger Braidwood - 14,326,070 Ordinary Shares, representing approximately 5.3 
per cent. of the issued share capital of the Company. 
 
Application has been made and the shares are expected to be admitted to trading 
on AIM on 9th April 2010. 
 
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares 
of 1p each and, following this allotment, the total issued share capital of the 
Company will increase to 268,466,008 Ordinary Shares of 1p each. All of these 
shares carry voting rights. 
 
Further enquiries: 
 
WFCA plc 
Stephen Latter, Finance Director                             Tel: 01892 511 085 
 
Daniel Stewart & Company plc 
Simon Leathers/Oliver Rigby                                   Tel: 020 7776 6550 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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