Wey Education (LSE:WEY)
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De Abr 2020 a Jul 2020
RNS Number : 2060J
Wey Education PLC
08 April 2020
8 April 2020
WEY EDUCATION PLC
("Wey" or "the Company")
Exercise of Share Options
Total Voting Rights
The Company has received notification that a former employee has exercised options over 183,000 ordinary shares of 1 pence each ("Ordinary Shares") in the share capital of the Company ("the Option Shares"). The first tranche of 93,940 options were granted in February 2016 at a price of 4 pence per share, and the second tranche of 89,060 options were granted in January 2017 at a price of 4.2225 pence per share.
Application has been made for the 183,000 new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 15 April 2020. The new Ordinary Shares will rank, pari pasu, with the existing Ordinary Shares in issue.
Total Voting Rights
In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the FCA, the Company confirms that, following this issue, its issued share capital will comprise 138,373,613 Ordinary Shares of 1 pence each. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. Accordingly, the figure of 138,373,613 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Wey Education Plc
Barrie Whipp (Chairman) +44 (0) 7778 367 999
Barry Nichols-Grey (Executive Director
- Finance) +44 (0) 1873 813 900
WH Ireland Limited
(Nominated Advisor and Broker)
James Joyce/Chris Savidge ( Corporate
Finance) +44 (0) 20 7220 1666
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(END) Dow Jones Newswires
April 08, 2020 04:20 ET (08:20 GMT)