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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shaw(A) | LSE:SAW | London | Ordinary Share | GB0008005125 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9430A Shaw (Arthur) & Co PLC 10 September 2002 10 September 2002 Arthur Shaw & Company PLC Announcement of sharedealing and issue of new shares Arthur Shaw & Company PLC ("the Company") today announces that it has conditionally agreed to issue 37 million new ordinary shares of 0.1p each in the capital of the Company (the "Ordinary Shares") for cash at 0.23p per share to David Glick, a leading London music lawyer and partner in Mishcon de Reya. These new Ordinary Shares represent 3.8 per cent. of the issued ordinary share capital of the Company and, following this notification, Mr Glick will retain a beneficial interest in 39,000,000 Ordinary Shares, representing 4.05 per cent of the issued ordinary share capital of the Company. Application will be made for 21 million of the 37 million new Ordinary Shares to be admitted to trading on the Alternative Investment Market of the London Stock Exchange plc ("AIM") with admission expected to take place on 16 September 2002. The issue of the remaining 16 million new Ordinary Shares is conditional on shareholder approval of a resolution to issue those shares at the Company's next general meeting. Mr Glick has worked as a consultant to the Company since March 2001 and it has been agreed that he will take on an expanded role for the Company, in particular helping identify and secure suitable acquisition targets as well as providing strategic and commercial advice to the board of directors of the Company. Bryan Morrison, Chairman of the Company, commented: "We are delighted to welcome David as a significant new shareholder in the business. His agreement to purchase these shares shows his faith in the long term future of Arthur Shaw." Ends Enquiries: Arthur Shaw Bryan Morrison / Tim Curle 020 7706 7304 Bell Pottinger Financial Jonathon Brill 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange END IOESSDFMUSESEIU
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