Last checked at 3 Jun 2015 16:12
3 June 2015
European Wealth Group Limited
("European Wealth", or "the Group")
CLS Conversion period and Total voting rights
Replacement RNS
The following amendment has been made to replace RNS Number: 0001P released at 16:37 on 2 June 2015. The conversion of Unsecured Loan Stock will result in the issue of new ordinary shares of 5p each in the Capital of the Company not ordinary shares of 0.1p each as erroneously stated. All other details remain unchanged.
Conversion of Unsecured Loan Stock
At the close of the conversion period for the 10 per cent. convertible unsecured loan stock ("CLS") at 85p, conversion notices in respect of 6,250 CLS units were received, which will result in the issue of 73,529 new ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") (the "Conversion"). The Conversion occurred on 28 May 2015.
Admission and Total Voting Rights
Application has been made for 73,529 Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on 8 June 2015.
Following Conversion there are 416,625 units of CLS in issue and the total number of CLS with voting rights will be 416,625.
Following Conversion and Admission, the Company will have 19,838,005 Ordinary 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 19,838,005.
The above figures may be used by Shareholders in the Company as the denominators 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 share capital of the Company.
For further details, please contact:
European Wealth Group Limited John Morton Rod Gentry
| Tel: +44 (0)20 7293 0733 www.europeanwealth.com |
Panmure Gordon (UK) Limited (Nomad and Broker) Fred Walsh Alina Vaskina Ben Roberts
| Tel: +44 (0)20 7886 2500 |
GTH Communications Toby Hall | Tel: +44 (0)20 7822 7493 +44 (0)7713 341072 |
About European Wealth Group Limited
European Wealth Group Limited (AIM: EWG, EWGL) is the holding company for the fast growing wealth management business, European Wealth Management Group Limited. Having commenced trading in 2010, European Wealth has two operating divisions, European Investment Management Limited ("EIM") and European Financial Planning Limited ("EFP"). Both are regulated by the FCA and were established to be RDR compliant from the outset, EIM opting for Restricted Adviser status and EFP for Independent Adviser status. Today the Group's head office is in London with an expanding network of offices both in the UK and continental Europe. Core services offered by the Group are financial planning, corporate pension advisory and investment management in both equity and fixed interest instruments. For further information on European Wealth's wealth management and financial planning services, please go to www.europeanwealth.com