PLC News 2012
20 January 2012
Completion of Acquisition, Issue of Equity and Total Voting Rights
Further to the announcement on 17 January 2012, Westhouse Holdings PLC (AIM: WHL), the corporate and institutional stockbroking group, is pleased to announce the completion of the acquisition of Arbuthnot Securities Limited ("Arbuthnot Securities") from Arbuthnot Banking Group plc (LSE: ARBB). The Company has, therefore, issued 1,250,000 ordinary shares of 0.005p in the Company ("Ordinary Shares") as part of the consideration.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM on 25 January 2012 ("Admission").
Following Admission, Arbuthnot Banking Group plc, will have a beneficial interest in 1,250,000 Ordinary Shares, representing 9.32% of the Company's issued ordinary share capital.
For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at 25 January 2012 will be 13,405,935 with each share carrying the right to one vote.
There are no shares held in treasury.
The total number of voting rights in the Company will be 13,405,935.
The above figure may be used by shareholders 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, Westhouse, under the Disclosure and Transparency Rules.
Enquiries:
| Westhouse Holdings PLC | |
| Christopher Getley, Chief Executive | Tel: +44 (0) 20 7601 6103 |
| christopher.getley@westhousesecurities.com | www.westhousesecurities.com |
| Smith & Williamson Corporate Finance Limited | |
| Azhic Basirov / David Jones | Tel: +44 (0) 20 7131 4000 |
| corpfinance@smith.williamson.co.uk | www.smith.williamson.co.uk |
| Millbrook Partnership | |
| Tim Grey | Tel: +44 (0) 20 7520 9455 |
| timgrey@millbrookpartnership.com | www.millbrookpartnership.com |
Notes to editors
Westhouse Holdings PLC
Westhouse is a corporate and institutional stockbroking group with particular sectoral expertise in natural resources, investment funds, UK industrial and environmental technology. Regionally the Group's clients have significant exposure in Europe, Africa, Central Asia and China. Through its subsidiary Smith's Corporate Advisory, Westhouse has a strong focus on widening share ownership for quoted companies of all sizes.
Westhouse Securities is authorised and regulated by the FSA, is a member of the London Stock Exchange, a NOMAD for AIM listed companies and a Sponsor of Official List companies. Smith's Corporate Advisory is authorised and regulated by the FSA.