TIDMSWG

RNS Number : 6594T

Shearwater Group PLC

22 March 2019

22 March 2019

SHEARWATER GROUP PLC

("Shearwater", or the "Company")

Exercise of options

Issue of equity

Shearwater Group plc (AIM: SWG), announces that pursuant to an exercise notice it has received, it has issued and allotted 285,714 new ordinary shares of 1 pence each in the capital of the Company. Application has been made for the 285,714 new ordinary shares to be admitted to trading on AIM, which is expected to take place on 27 March 2019. The new ordinary shares will rank pari passu with the existing ordinary shares in issue.

Total Voting Rights

In accordance with the provisions of the Disclosure, Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following admission, its issued share capital will comprise 1,903,964,852 ordinary shares of 1p each, none of which are held in treasury. Accordingly, the total number of voting rights in the Company will therefore be 1,903,964,852 on admission.

Enquiries:

 
  Shearwater Group plc                    www.theshearwatergroup.co.uk 
   David Williams                              c/o Instinctif Partners 
   Michael (Mo) Stevens 
  Cenkos Securities plc - NOMAD 
   and Broker 
   Max Hartley - NOMAD 
   Julian Morse / Michael Johnson 
   - Sales                                        +44 (0) 20 7397 8900 
  Instinctif Partners                        shearwater@instinctif.com 
   Adrian Duffield / Chantal Woolcock             +44 (0) 20 7457 2815 
 

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END

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March 22, 2019 03:01 ET (07:01 GMT)

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