SEC Newgate S.p.A. Newington Vendor Consideration (2949K)
01 Septiembre 2021 - 1:01AM
UK Regulatory
TIDMSECN
RNS Number : 2949K
SEC Newgate S.p.A.
01 September 2021
1 September 2021
SEC Newgate S.p.A.
("SEC Newgate" or the "Company")
Newington Vendor Consideration
SEC Newgate (AIM: SECN), the insight-driven global strategic
communications group that works at the nexus of business, politics,
communities, markets and media, announces that, further to the
Company's announcement of 18 January 2021 ("January RNS"), SEC
Newgate has issued and allotted a total 194,215 new ordinary shares
of EUR0.10 ("Shares") to the vendors of Newington in part
consideration for the acquisition of the 40% of Newington
("Acquisition"). The cash consideration for the Acquisition shall
be reduced accordingly, as detailed in the January RNS.
The Newington vendors include Mark Glover, a director of SEC
Newgate, who receives 110,702 new Shares, following which he will
be interested in 110,702 Shares, representing approximately 0.45%
of the enlarged issued share capital of the Company.
Application and Total Voting Rights
Application is being made to the London Stock Exchange for a
total of 194,215 new Shares to be admitted to trading on AIM
("Admission") and Admission is expected to occur on or around 6
September 2021. The new Shares rank pari passu with the existing
Shares in the Company.
The Company's enlarged issued share capital is 24,710,922
Shares. The Company holds no Shares in Treasury. This figure of
24,710,922 Shares 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 FCA's
Disclosure Guidance and Transparency Rules.
- ends -
For further information please contact:
SEC Newgate S.p.A.
Fiorenzo Tagliabue (Group CEO) Tel: +39 335 6008858
tagliabue@secrp.com
Emma Kane (Deputy Group CEO) Tel: +44 (0) 7876 338339
emma.kane@secnewgate.co.uk
Sergio Penna (Group CFO) Tel: +39 338 8357936
penna@secrp.com
Arden Partners (Nominated Adviser
and Broker)
Richard Johnson / Antonio Bossi Tel: +44 (0)20 7614 5900
Notes to Editors
-- SEC Newgate is an award winning strategic communications
firm, which ranks in the Top 30 groups in the world. The Agency's
team consists of about 600 staff, working in 38 offices across 5
continents.
-- SEC Newgate's focus is on achieving positive outcomes through
communications, advocacy and research, helping clients clearly
demonstrate their purpose, value, and impact locally, nationally
and internationally.
-- Further information is available at the Group's website: www.secnewgate.com
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END
MSCWPUQGRUPGGMG
(END) Dow Jones Newswires
September 01, 2021 02:01 ET (06:01 GMT)
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