Westminster Group PLC Exercise of Warrants & TVR (7696A)

TIDMWSG

RNS Number : 7696A

Westminster Group PLC

03 January 2018

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

Westminster Group Plc:

Exercise of Warrants and Total Voting Rights

Westminster Group Plc ('Westminster', the 'Group' or the 'Company'), the AIM-listed supplier of managed services and technology based security solutions, announces that it has received notice to exercise warrants over 875,000 Ordinary Shares of 10p each in the Company ("Ordinary Shares") at an exercise price of 10p per Ordinary Share. Accordingly, the Company has issued, 875,000 new Ordinary Shares in settlement of this exercise (the "Warrant Exercise").

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 8 January 2018.

Following the Warrant Exercise and Admission, the Company will have 121,618,420 Ordinary Shares in issue with voting rights. Westminster does not currently hold any shares in treasury. Accordingly, this figure of 121,618,420 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

 
Westminster Group Plc                                      Media enquiries via Walbrook PR 
Rt. Hon. Sir Tony Baldry - Chairman 
Peter Fowler - Chief Executive Officer 
Martin Boden - Chief Financial Officer 
 
S. P. Angel Corporate Finance LLP (NOMAD & Joint Broker) 
Stuart Gledhill                                            020 3470 0470 
Lindsay Mair 
Caroline Rowe 
 
Beaufort Securities Limited (Joint Broker) 
Elliiot Hance                                              020 7382 8300 
 
Walbrook (Investor Relations) 
Tom Cooper                                                 020 7933 8780 
Paul Vann                                                  0797 122 1972 
                                                           [e-mail] 
 

Notes:

Westminster Group plc is a specialist security and services group operating worldwide through an international network of agents and offices in over 50 countries.

Westminster's principal activity is the design, supply and on-going support of advanced technology security solutions, encompassing a wide range of surveillance, detection, tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO's) and blue chip commercial organisations.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 03, 2018 02:00 ET (07:00 GMT)