Last checked at 16 Dec 2011 07:00
AIM: MERC
Merchant Securities Group plc
("Merchant Securities" or the "Company")
Issue of Equity
Merchant Securities announces that an application has been made for the admission to AIM ("Admission") of 3,442,777 new ordinary shares of 1p each in the Company ("Ordinary Shares"), pursuant to the exercise of options by employees of the Company. The new Ordinary Shares rank pari passu with the Company's existing issued ordinary shares and dealings in the new Ordinary Shares are expected to commence on 21 December 2011.
Following Admission, the Company's enlarged issued share capital will comprise 55,418,633 ordinary shares, excluding Treasury Shares. The total number of ordinary shares with voting rights therefore is 55,418,633. This figure of 55,418,633 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
Enquiries:
Merchant Securities Group plc | Tel: +44 (0)20 7375 9022 |
Patrick Claridge, Chief Executive Nigel Gurney, Chief Financial Officer | |
Grant Thornton Corporate Finance | Tel: +44 (0)20 7383 5100 |
Philip Secrett / Salmaan Khawaja / Daniela Amihood | |
Biddicks | Tel: +44 (0)20 3178 6378 |
Katie Tzouliadis / Sophie McNulty |