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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shearwater Group Plc | LSE:SWG | London | Ordinary Share | GB00BKT6VH21 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 2.33% | 44.00 | 43.00 | 45.00 | 44.00 | 43.00 | 43.00 | 16,234 | 14:29:39 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 26.69M | -8.18M | -0.3431 | -1.28 | 10.48M |
From Apr 2019 to Apr 2024
TIDMSWG
RNS Number : 8001J
Shearwater Group PLC
07 December 2018
7 December 2018
SHEARWATER GROUP PLC
("Shearwater", or the "Company")
Newable Consulting earn out
Issue of equity
Shearwater Group plc (AIM: SWG) announces that pursuant to the acquisition of the business and assets of Newable Consulting Limited ("Newable") which completed on 26 July 2017, and following the achievement of certain performance hurdles, the Company has agreed the final earn out payment owing to Newable. In accordance with the asset purchase agreement this payment has been settled through the issuance and allotment of 612,017 new ordinary shares. The new ordinary shares will be subject to a 12 month lock in arrangement.
Application will be made for the 612,017 new ordinary shares to be admitted to trading on AIM, which is expected to take place on 13 December 2018. The new ordinary shares will rank pari passu with the existing ordinary shares in issue.
Total Voting Rights
In accordance with the provisions of the Disclosure, Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following admission, its issued share capital will comprise 1,903,679,138 ordinary shares of 1p each, none of which are held in treasury. Accordingly, the total number of voting rights in the Company will therefore be 1,903,679,138 on admission.
Enquiries:
Shearwater Group plc www.theshearwatergroup.co.uk David Williams c/o Instinctif Partners Michael (Mo) Stevens Cenkos Securities plc - NOMAD and Broker Max Hartley - NOMAD Julian Morse / Michael Johnson - Sales +44 (0) 20 7397 8900 Instinctif Partners shearwater@instinctif.com Adrian Duffield / Chantal Woolcock / +44 (0) 20 7427 1412 Kay Larsen
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
December 07, 2018 03:35 ET (08:35 GMT)
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