The Board of Westminster Group Plc, a leading supplier of managed services and technology-based secu21 Dec 2020 09:23
The Board of Westminster Group Plc, a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that at the General Meeting held earlier today, all resolutions were duly passed by shareholders.
Accordingly, the Share Capital Reorganisation and the Placing, which raised gross proceeds of £5.0 million, have been approved.
Application has been made by the Company for, in aggregate, 286,527,511 Ordinary Shares, comprising the 125,000,000 Placing Shares and 161,527,511 Ordinary Shares arising from the Share Capital Reorganisation, to be admitted to trading on AIM. It is expected that Admission will become effective and dealings will commence at 8.00 a.m. on 22 December 2020.
Following Admission, the total number of Ordinary Shares in issue will be 286,527,511. There are no Ordinary Shares held in treasury. Accordingly, the total number of voting rights in the Company on Admission will be 286,527,511. This figure may be used by Shareholders as the denominator for the calculations to 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.