Wey Education PLC Exercise of Options (2060J)
08 Abril 2020 - 3:20AM
UK Regulatory
TIDMWEY
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.
Enquiries:
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
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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