Newmark Security PLC Holding(s) in Company (6201V)

TIDMNWT

RNS Number : 6201V

Newmark Security PLC

31 January 2017

31 January 2017

Newmark Security PLC

Holdings in the Company

Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces the following updates regarding its significant shareholders.

Further to the Company's announcement of 17 March 2015 which detailed that various members of the Reid family and associates thereof ("Reid Family") were beneficially interested in 66,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares"), the Company has become aware that within the Reid Family shareholding, Mrs Sarah Reid is the sole beneficial owner of 62,662,500 Ordinary Shares, which represents 13.37% of the Company's current issued share capital. Whilst no Ordinary Shares have been sold by the Reid Family since 17 March 2015, the beneficial interests of the other members of the Reid Family are each below 3 per cent. of the Company's issued share capital and therefore do not represent notifiable interests for the purposes of the AIM Rules for Companies and Disclosure Guidance and Transparency Rules.

The Company also advises that Mr Elie Dwek's shareholding in the Company now stands at 72,200,000 Ordinary Shares, which represents 15.40% of the Company's current issued share capital.

For further information:

 
 Newmark Security plc                  Tel: +44 (0) 
  Marie-Claire Dwek, Chief Executive    20 7355 0070 
  Officer                               www.newmarksecurity.com 
  Brian Beecraft, Group Finance 
  Director 
 Allenby Capital Limited               Tel: +44 (0) 
  (Nominated Adviser and Broker)        20 3328 5656 
  Jeremy Porter / James Reeve / 
  Liz Kirchner 
 Yellow Jersey PR Limited              Tel: +44 (0) 
  Felicity Winkles / Joseph Burgess     7768 537 739 
  / Dominic Barretto 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 31, 2017 08:04 ET (13:04 GMT)