TIDMSTY

RNS Number : 3807K

Styles & Wood Group PLC

21 September 2016

Styles & Wood Group plc

("Styles&Wood" or the "Group")

Exercise of Warrants

Styles&Wood, the integrated property services and project delivery specialist, announces that it has today received notice for the exercise of 1,104,600 warrants. The warrants were issued as part of the refinancing of Group's Convertible Preference Shares undertaken in June 2015.

Admission and Total Voting Rights

Pursuant to the above exercise, 1,104,600 new ordinary shares of 1p each in the Company (the "New Ordinary Shares") have been issued and allotted.

The New Ordinary Shares are expected to be admitted to trading on AIM on 26 September 2016.

Following this admission, the Group's share capital and total voting rights comprises 8,439,550 ordinary shares of 1p each and the Group does not hold any shares in treasury. Consequently, 8,439,550 the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Inspired under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
 Styles & Wood Group plc          Tel 0161 926 6000 
  Tony Lenehan, Chief Executive 
  Officer 
  Philip Lanigan, Group Finance 
  Director 
 Shore Capital                    Tel 0207 408 4090 
  Edward Mansfield/Mark Percy 
 FTI Consulting                   Tel 0203 727 1000 
  Oliver Winters/James Styles

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 21, 2016 02:30 ET (06:30 GMT)

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