Petards Group PLC Issue of Equity (5994U)
04 December 2013 - 2:10AM
UK Regulatory
TIDMPEG
RNS Number : 5994U
Petards Group PLC
03 December 2013
Petards Group plc
("Petards" or "the Company")
Issue of Equity
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that it has made an application to
the London Stock Exchange for 318,711 new ordinary shares to be
admitted to trading on AIM. It is expected that such Admission will
become effective and that dealings will commence at 8.00 a.m. on 9
December 2013.
Of the new ordinary shares 140,099 are being issued in part
settlement for the consideration due in relation to Petards' offer
for Water Hall Group plc which was declared wholly unconditional on
30 August 2013. The other 178,612 new ordinary shares are being
issued pursuant to the conversion of convertible loan notes.
In accordance with the provisions of the Disclosure and
Transparency Rules of the Financial Conduct Authority, the Company
confirms that, following this issue, its issued share capital will
comprise 22,039,315 Ordinary Shares of 1p each. All of the Ordinary
Shares have equal voting rights. The total number of voting rights
in the Company is therefore 22,039,315.
This figure 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
share capital of the Company under the Disclosure and Transparency
Rules.
For further information:
Petards Group plc www.petards.com
Andy Wonnacott, Finance Director Tel: 0191 420 3000
Raschid Abdullah, Chairman
WH Ireland Limited, Nomad and www.wh-ireland.co.uk
Joint Broker
Mike Coe Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 020 7947 4350
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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