REG - GRC Intnl.Group PLC - Result of General Meeting, Director Dealing, TVR

Grc InternationalAnnouncement

18/02/2020 11:45

RNS Number : 3593D
GRC International Group PLC
18 February 2020
 


18 February 2020
 
 
GRC International Group plc
 
("GRC International", the "Company" or the "Group")
 
 
Result of General Meeting, Director Dealing and Total Voting Rights
 
 
GRC International Group plc, a supplier of IT governance, risk management and compliance products and services, is pleased to announce that at the General Meeting held earlier today in relation to the Company's proposed Placing and entering into the Deed of Variation, all resolutions were duly passed.
 
Application has been made to the London Stock Exchange for the admission of the 33,413,417 Ordinary Shares issued. It is anticipated that admission to trading of, and dealings in, the Ordinary Shares will commence on AIM on or around 20 February 2020.
 
Following the issue of these Ordinary Shares, the total number of voting rights in the Company will be 99,577,589 and shareholders may use this figure 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 Company under the FCA's Disclosure Guidance and Transparency Rules. 
 
Directors Shareholdings
 
Upon Admission, following the completion of the issue of New Ordinary Shares as set out in the Circular, the beneficial interests of the Directors will be as follows:
 
 




Director


Number of Ordinary Shares


Percentage of Enlarged Share Capital




Andrew Brode


 13,972,108


14.03%




Alan Calder


 29,822,461


29.95%




Steve Watkins


 4,542,282


4.56%




Neil Acworth


 1,245,465


1.25%




Richard Piper


 319,231


0.32%




 
Defined terms used in this announcement will have the meanings (unless the context otherwise requires) set out in the circular dated 31 January 2020, which is available on the Company's website https://www.grci.group/investors.
 
Enquiries:
 




GRC International Group plc


+44 (0) 330 999 0222




Alan Calder, Chief Executive Officer
Christopher Hartshorne, Finance Director
 


 




Grant Thornton UK LLP (Nominated Adviser)


+44 (0) 20 7383 5100




Philip Secrett
Jamie Barklem
Ben Roberts
 


 




Dowgate Capital Limited (Broker)


+44 (0) 20 3903 7715




James Serjeant
 


 




 
 




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