Watchstone Group PLC Resumption of trading in the Company's shares (6547J)
December 21 2015 - 2:00AM
UK Regulatory
TIDMWTG
RNS Number : 6547J
Watchstone Group PLC
21 December 2015
21 December 2015
Watchstone Group plc
("Watchstone" or the "Company")
Resumption of trading in the Company's shares
Watchstone (LON:WTG) announces that, following approval of the
Reduction of Capital and the Return of Capital and following
shareholder approval of the Consolidation proposed at the General
Meeting, the Consolidation is now complete.
All shareholders on the register at 6 p.m. on 18 December 2015
receive one Consolidated Ordinary Shares of 10 pence each with the
new ISIN GB00BYNBFN51 for every 10 existing Ordinary Shares of 1
pence each (being the previous 15 pence nominal value less 14 pence
Reduction of Capital). The Consolidated Ordinary Shares will
continue to trade on the AIM of the London Stock Exchange from 8
a.m. this morning.
Following the Consolidation, the number of Consolidated Ordinary
Shares of 10 pence each in issue and admitted to trading is
45,822,708. The Company has no Consolidated Ordinary Shares held in
treasury. The total of 45,822,708 Consolidated Ordinary Shares may
therefore be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change in their interest
in, the share capital of the Company under the Disclosure and
Transparency Rules.
Capitalised terms used in this announcement have the same
meanings given to them in the Circular published by Watchstone on 9
November 2015.
For further information:
Watchstone Group plc Tel: 01489 864
200
Indro Mukerjee, Group Chief
Executive Officer
Stephen Joseph, Head of Investor
Relations
Tulchan Communications Tel: 020 7353 4200
Susanna Voyle
Charlotte Church
Peel Hunt LLP, Nominated Adviser Tel: 020 7418 8900
and broker
Dan Webster
George Sellar
This information is provided by RNS
The company news service from the London Stock Exchange
END
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