REG - Westminster Group - CLN Conversion & TVR

WestminsterAnnouncement

02/10/2020 07:00

RNS Number : 8777A
  
Westminster Group PLC
  
02 October 2020
  
 

 
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
CLN Conversion and Total Voting Rights
 
Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide has been notified by holders of Convertible Loan Notes ('CLNs') that they have elected to convert CLNs to the value of £93,750 into 937,500 ordinary shares. This latest conversion further reduces the outstanding CLN amount to £1,496,250 with a corresponding reduction in interest charges.
 
Application will be made for these shares, which will rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM.  It is expected that Admission will become effective and that dealings on AIM will commence at 8:00am on or around 8 October 2020.
 
In accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ('DTRs'), the Company hereby announces that it has 161,340,011 ordinary shares of 10p each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 161,340,011.
 
The above figure of 161,340,011 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 in their interest in, the share capital of the Company under the DTRs.
 
 
 For further information please contact:
 




Westminster Group Plc


Media enquiries via Walbrook PR




Rt. Hon. Sir Tony Baldry - Chairman


 




Peter Fowler - Chief Executive Officer


 




Mark Hughes - Chief Financial Officer


 




 


 




S. P. Angel Corporate Finance LLP (NOMAD & Broker)


 




Stuart Gledhill


020 3470 0470




Caroline Rowe


 




 


 




Walbrook (Investor Relations)


 




Tom Cooper


020 7933 8780




Paul Vann


 




Nick Rome


Westminster@walbrookpr.com 




 
 
Notes:
 
Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.
 
 Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO's) and blue-chip commercial organisations.
 

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