TIDMGRC

RNS Number : 3593D

GRC International Group PLC

18 February 2020

18 February 2020

GRC International Group plc

("GRC International", the "Company" or the "Group")

Result of General Meeting, Director Dealing and Total Voting Rights

GRC International Group plc, a supplier of IT governance, risk management and compliance products and services, is pleased to announce that at the General Meeting held earlier today in relation to the Company's proposed Placing and entering into the Deed of Variation, all resolutions were duly passed.

Application has been made to the London Stock Exchange for the admission of the 33,413,417 Ordinary Shares issued. It is anticipated that admission to trading of, and dealings in, the Ordinary Shares will commence on AIM on or around 20 February 2020.

Following the issue of these Ordinary Shares, the total number of voting rights in the Company will be 99,577,589 and shareholders may use this figure 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.

Directors Shareholdings

Upon Admission, following the completion of the issue of New Ordinary Shares as set out in the Circular, the beneficial interests of the Directors will be as follows:

 
 Director         Number of Ordinary   Percentage of Enlarged Share 
                              Shares                        Capital 
---------------  -------------------  ----------------------------- 
 Andrew Brode             13,972,108                         14.03% 
 Alan Calder              29,822,461                         29.95% 
 Steve Watkins             4,542,282                          4.56% 
 Neil Acworth              1,245,465                          1.25% 
 Richard Piper               319,231                          0.32%

Defined terms used in this announcement will have the meanings (unless the context otherwise requires) set out in the circular dated 31 January 2020, which is available on the Company's website https://www.grci.group/investors.

Enquiries:

 
 GRC International Group plc                  +44 (0) 330 999 0222 
 Alan Calder, Chief Executive Officer 
  Christopher Hartshorne, Finance Director 
 Grant Thornton UK LLP (Nominated Adviser)    +44 (0) 20 7383 5100 
 Philip Secrett 
  Jamie Barklem 
  Ben Roberts 
 Dowgate Capital Limited (Broker)             +44 (0) 20 3903 7715 
 James Serjeant

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

MSCDZGMZMRGGGZM

(END) Dow Jones Newswires

February 18, 2020 06:43 ET (11:43 GMT)

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