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Admission Document re Safestay plc Demerger

29 Apr 2014 08:40

RNS Number : 7512F
Safeland PLC
29 April 2014
 



SAFELAND PLC

("Safeland" or the "Company")

 

Re proposed demerger of Safestay plc ("Safestay")

Safeland plc ("Safeland" or the "Company") notes the announcement released today by Safestay and that Safestay has published an admission document in connection with admission to trading on AIM which is expected to become effective on 2 May 2014 ("Admission").

In addition, Safeland announces that on Admission each Safeland shareholder on the register at 6.00pm on 14 March 2014 will receive 1 new Safestay share for every 4.66 Safeland shares held.

 

Contacts:

 

Larry Lipman

Managing Director, Safeland Plc T: 020 8815 1600

 

Tom Griffiths, Paul Gillam

Westhouse Securities Limited T: 020 7601 6100

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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