Issue of Equity18 Jun 2018 23:33
Shearwater Group plc (AIM: SWG), announces that pursuant to an exercise notice it has received from Giles Willits, Non-executive Director of the Company, it has issued and allotted 521,739 new ordinary shares of 1 pence each in the capital of the Company. Application will be made for the 521,739 new ordinary shares to be admitted to trading on AIM, which is expected to take place on 22 June 2018. The new ordinary shares will rank pari passu with the existing ordinary shares in issue.
Following the above exercise, Mr Willits holds a beneficial interest in a total of 6,771,739 ordinary shares, representing approximately 0.68 per cent of the Company's issued share capital.