30 Nov 2017 08:48
30 November 2017
Warpaint London PLC
("Warpaint", the "Company" or the "Group")
Completion of the Acquisition of Retra
Warpaint London PLC (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 brand, is pleased to announce the completion of the acquisition of Retra Holdings Limited.
The Company confirms the admission of 12,210,525 new ordinary shares in the Company to trading on AIM earlier today ("Admission"). Following Admission, the total number of shares in issue will be 76,749,125. The Company does not hold any shares in treasury. This figure may be used by shareholders in the Company as the denominator 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 under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Following Admission, the shareholdings of the Directors of the Company are as follows:
Director | Total Number of ordinary shares held in the Company | Percentage of issued share capital of the Company
|
Sam Bazini*
| 20,545,208
|
26.77%
|
Eoin Macleod*
| 20,545,208
| 26.77%
|
Clive Garston
| 126,315
| 0.16%
|
Neil Rodol
| 103,961
| 0.14%
|
Paul Hagon
| 31,145
| 0.04%
|
Keith Sadler | 31,145 | 0.04% |
* Including 3,000,000 Ordinary Shares held by the Director's wife
Enquiries:
Warpaint London PLC Sam Bazini - Joint Chief Executive Officer Eoin Macleod - Joint Chief Executive Officer Neil Rodol - Chief Financial Officer
| 020 3053 8671
|
Stockdale Securities Limited (Nominated Adviser and Broker) Mark Brown, Antonio Bossi, Ed Thomas - Corporate Finance Fiona Conroy - Corporate Broking
| 020 7601 6100
|
IFC Advisory Limited (Financial PR & IR) Tim Metcalfe Graham Herring Heather Armstrong Miles Nolan | 020 3053 8671
|
About Warpaint London PLC
Warpaint London is a colour cosmetics business, based in Iver, Buckinghamshire. It is made up of two divisions: close-out and own-brand. The second and larger own-brand division consists primarily of the Group's flagship brand, W7 - an extremely creative, design-focused cosmetic brand proposition with a focus on the 16-30 age range, delivering high-quality cosmetics at affordable prices. The W7 brand has grown organically since its inception in 2002 and now contains over 500 items which are sold into high street retailers and independent beauty shops across the UK, Europe, Australia and the US. In 2016, W7 was supplied to over 250 customers in more than 50 countries.
Warpaint London (W7L)