European Wealth Group Limited Issue of Equity (6003R)
September 22 2017 - 9:05AM
UK Regulatory
TIDMEWG
RNS Number : 6003R
European Wealth Group Limited
22 September 2017
European Wealth Group Limited
(the "Company")
Issue of Equity
European Wealth Group Limited (AIM: EWG, EWGL), the integrated
wealth management group, announces that, pursuant to the
acquisition terms set out in the announcement dated 22 September
2015, the Company will issue new ordinary shares to satisfy the
share element of the deferred consideration payable to Bells
Solicitors Limited.
Accordingly the Company is issuing 78,886 new ordinary shares of
5 pence each in the capital of the Company ("Ordinary Shares") at a
price of 21 pence per Ordinary Shares, being the mid-market price
close price on 21 September 2017.
Following the issue of these Ordinary Shares the Company will
have 99,534,162 shares in issue. The Company does not hold any
Ordinary Shares in treasury. Therefore, the total number of
Ordinary Shares with voting rights in the Company will be
99,534,162. The above figure may be used by shareholders 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 Company under the FCA's Disclosure Guidance and
Transparency Rules sourcebook. Application has been made for these
shares to be admitted to trading on AIM, with the shares expecting
to start trading on 28 September 2017.
For further details, please contact:
European Wealth Group +44 (0)20 7623
Limited 2368
Marianne Ismail
finnCap Ltd (Nomad
and Broker) +44 (0)20 7220 0500
Adrian Hargrave
Scott Mathieson
FWD Consulting (Financial
PR) +44 (0)20 7623 2368
Elliot Lane / Gug Kyriacou
This information is provided by RNS
The company news service from the London Stock Exchange
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