Watchstone Group PLC

Share Issue/Capital Change • Dec 21, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6547J

Watchstone Group PLC

21 December 2015

21 December 2015

Watchstone Group plc

("Watchstone" or the "Company")

Resumption of trading in the Company's shares

Watchstone (LON:WTG) announces that, following approval of the Reduction of Capital and the Return of Capital and following shareholder approval of the Consolidation proposed at the General Meeting, the Consolidation is now complete.

All shareholders on the register at 6 p.m. on 18 December 2015 receive one Consolidated Ordinary Shares of 10 pence each with the new ISIN GB00BYNBFN51 for every 10 existing Ordinary Shares of 1 pence each (being the previous 15 pence nominal value less 14 pence Reduction of Capital). The Consolidated Ordinary Shares will continue to trade on the AIM of the London Stock Exchange from 8 a.m. this morning.

Following the Consolidation, the number of Consolidated Ordinary Shares of 10 pence each in issue and admitted to trading is 45,822,708. The Company has no Consolidated Ordinary Shares held in treasury. The total of 45,822,708 Consolidated Ordinary Shares may therefore 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 Disclosure and Transparency Rules.

Capitalised terms used in this announcement have the same meanings given to them in the Circular published by Watchstone on 9 November 2015.

For further information:

Watchstone Group plc	Tel: 01489 864 200
Indro Mukerjee, Group Chief Executive Officer
Stephen Joseph, Head of Investor Relations
Tulchan Communications	Tel: 020 7353 4200
Susanna Voyle Charlotte Church
Peel Hunt LLP, Nominated Adviser and broker	Tel: 020 7418 8900
Dan Webster George Sellar

This information is provided by RNS

The company news service from the London Stock Exchange

END

RENBBLFLELFFFBF