Westminster Group PLC CLN Conversion & TVR (8777A)
02 Octubre 2020 - 1:00AM
UK Regulatory
TIDMWSG
RNS Number : 8777A
Westminster Group PLC
02 October 2020
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
CLN Conversion and Total Voting Rights
Westminster Group Plc (AIM: WSG), a leading supplier of managed
services and technology-based security solutions worldwide has been
notified by holders of Convertible Loan Notes ('CLNs') that they
have elected to convert CLNs to the value of GBP93,750 into 937,500
ordinary shares. This latest conversion further reduces the
outstanding CLN amount to GBP1,496,250 with a corresponding
reduction in interest charges.
Application will be made for these shares, which will rank pari
passu with the Company's existing issued ordinary shares, to be
admitted to trading on AIM. It is expected that Admission will
become effective and that dealings on AIM will commence at 8:00am
on or around 8 October 2020.
In accordance with the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules ('DTRs'), the Company hereby
announces that it has 161,340,011 ordinary shares of 10p each in
issue, none of which are held in treasury. Therefore, the total
number of voting rights in the Company is 161,340,011.
The above figure of 161,340,011 may 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 DTRs.
For further information please contact:
Westminster Group Plc Media enquiries via Walbrook
PR
Rt. Hon. Sir Tony Baldry - Chairman
Peter Fowler - Chief Executive Officer
Mark Hughes - Chief Financial Officer
S. P. Angel Corporate Finance LLP (NOMAD
& Broker)
Stuart Gledhill 020 3470 0470
Caroline Rowe
Walbrook (Investor Relations)
Tom Cooper 020 7933 8780
Paul Vann
Nick Rome Westminster@walbrookpr.com
Notes:
Westminster Group plc is a specialist security and services
group operating worldwide via an extensive international network of
agents and offices in over 50 countries.
Westminster's principal activity is the design, supply and
ongoing support of advanced technology security solutions,
encompassing a wide range of surveillance, detection (including
Fever Detection), tracking and interception technologies and the
provision of long-term managed services contracts such as the
management and running of complete security services and solutions
in airports, ports and other such facilities together with the
provision of manpower, consultancy and training services. The
majority of its customer base, by value, comprises governments and
government agencies, non-governmental organisations (NGO's) and
blue-chip commercial organisations.
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END
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