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Share Name Share Symbol Market Type Share ISIN Share Description
Wheelsure Holdings plc NEX:WHLP NEX Ordinary Share GB0033277178
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - -

Wheelsure Holdings (WHLP) Issue of Equity

29/11/2018 4:42pm

UK Regulatory (RNS & others)


Wheelsure (NEX:WHLP)
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29 November 2018

 

Wheelsure Holdings Plc

 

("Wheelsure" or the "Company")

 

Issue of Equity

 

Wheelsure (NEX: WHLP), the industrial engineering company, is pleased to announce that it has raised a total of GBP125,000 (before expenses) through the subscription of 12,500,000 new ordinary shares (the "Subscription Shares") at 1p each.

 

It is expected that the Subscription Shares will be admitted to trading at 8:00 a.m. on 30 November 2018. The Subscription Shares will rank pari passu in all respects with the Company's existing ordinary shares.

 

Total Voting Rights

 

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that it has 240,205,726 ordinary shares of 1 pence each in issue, each share carrying the right to one vote. The company does not hold any ordinary shares in treasury.

 

The above figure of 240,205,726 ordinary 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

Gerhard Dodl, CEO of Wheelsure, commented: "We are delighted to have received the support from investors and to have secured the funding which will enable Wheelsure to build on the historic product development. We would also like to thank our existing shareholders who have shown continued support in Wheelsure."

 

Ends

 

The directors of the Company are responsible for the contents of this announcement.

 

Enquiries:

 
Wheelsure Holdings plc             01525 840 557 
Gerhard Dodl, CEO 
Daniel Stewart & Company Plc       0207 776 6550 
Daphne Zhang - Corporate Adviser 
David Lawman - Broker 
 
 

About Wheelsure holdings

 

Wheelsure Holdings plc is a holding company for a Group which develops and commercialises innovative products that meet safety needs throughout the world.

 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20181129005556/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

November 29, 2018 11:42 ET (16:42 GMT)

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