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13 Apr 2012 10:15
Please note that the announcement released on 13 April 2012 at 7.00 a.m. (RNS No: 2614B) was released with an incorrect company name for Mr Rushton's previous directorship. The correct company name is Endeavour Training Ltd. All other information within the announcement remains unchanged. The full corrected text appears below.
13 April 2012
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO US PERSONS, OR INTO THE UNITED STATES, OR INTO OR FROM CANADA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL
WALKER CRIPS GROUP PLC
("Walker Crips" or the "Company")
Completion of the Disposal of WCAMandDirectorate Changes
Further to the announcement made on 5 April 2012, Walker Crips Group plc, the financial services group, is pleased to confirm that approval from the FSA has been received in respect of a change in controller of WCAM to Liontrust and that all remaining conditions to the SPA have now been satisfied. Accordingly, Completion has taken place.
As previously announced, Stephen Bailey has resigned from his position as a director of the Company effective immediately.
The Company is also pleased to announce the appointment of its Chief Investment Officer, Mark Justin Wells Rushton, to the Company's Board. Mr. Rushton, 49, will take up his additional executive responsibilities to the Board effective immediately.
In the last five years, Mr. Rushton has held the following directorships:
Current directorships | Previous directorships |
None | Endeavour Training Ltd |
There is no further information relating to Mr Rushton's appointment requiring disclosure under 9.6.13R of the Listing Rules.
The Company was notified on 10 April 2012 that Mark purchased 25,000 Ordinary Shares in the capital of the Company on 10 April 2012 at a price of 45p per Ordinary Share. Accordingly, as at the date of this announcement, Mark Rushton is interested in a total of 25,000 Ordinary Shares in the capital of the Company, representing an interest of 0.07 per cent. of the total voting rights of the Company.
For further information please contact:
Rodney FitzGerald, CEO | Walker Crips Group plc www.wcgplc.co.uk | +44 (0) 20 3100 8000 |
Gordon NeillyRishi Zaveri | Canaccord Genuity Limited www.canaccordgenuity.com | +44 (0) 20 7050 6778+44 (0) 20 7050 6780 |
Media enquiries:
Geri Jacks | Walker Crips Group plcwww.wcgplc.co.uk | +44 (0) 20 3100 8000 |
Notes:
Unless the context otherwise requires, defined terms used in this announcement shall have the meanings ascribed to them in the Company's circular to Shareholders dated 13 March 2012.
Canaccord Genuity Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting as sponsor and financial adviser exclusively for the Company in connection with the Disposal. Canaccord Genuity Limited is not acting for any other person and will not be responsible to any other person for providing the protections afforded to clients of Canaccord Genuity Limited or for advising any other person in connection with the Disposal.
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
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