Issue of Equity
20 Marzo 2012 - 4:33AM
UK Regulatory
TIDMCSHP
20 March 2012
Collins Stewart Hawkpoint plc
Issue of New Shares
Collins Stewart Hawkpoint plc (the "Company") announces that a total of
2,183,473 Ordinary Shares were issued on 16 March 2012 to the Collins Stewart
Employees' Share Ownership Trust (the "ESOT"), an employee benefit trust in
which employees and executive directors participate. The shares will form part
of the assets of the trust and will be applied for the benefit of beneficiaries
of the trust in due course at the discretion of the trustee.
The Company also announces that a total of 1,174,558 Ordinary Shares in the
Company were issued to certain vendors of Corazon Capital Group Limited. The
shares were issued in satisfaction of the second tranche of deferred
consideration pursuant to the Sale and Purchase Agreement and Share Plan
Agreement dated 17 March 2010.
Following the above transactions, the ESOT holds a total of 9,052,253 Ordinary
shares. The Company has 251,681,139 Ordinary shares in issue, of which 283,173
are held in Treasury.
- ends -
For further information contact:
Simon Pearce
Company Secretary 020 7523 8111
END
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