RNS Number : 4018F
MWB Group Holdings PLC
12 January 2010
MWB Group Holdings Plc
(the "Company")
1997 Concert Party Holding
The Company is pleased to announce that the 91,666,667 New Units referred to in the Prospectus dated 17 December 2009 ("the Prospectus") have been issued, admitted to the Official List and admitted to trading on the London Stock Exchange's main market for listed securities. Dealings for normal settlement in the New Units commenced at 8.00 a.m. today.
Definitions on pages 186 to 196 of the Prospectus shall have the same meanings in this announcement.
Following approval of the waiver granted by the Panel on Takeover and Mergers by Shareholders at the General Meeting on 11 January 2010, and the subsequent issue of the New Units, the Company has 164,038,149 Units in issue, where each Unit comprises one Ordinary Share and 20 B Shares, with the B Shares being attached at all times to the Ordinary Shares. Each Ordinary Share is entitled to one vote at General Meetings of the Company; the B Shares have no voting rights as they are designed to provide a capital efficient distribution structure to all holders of Ordinary Shares.
Following issue of the New Units, the 1997 Concert Party referred to in the Prospectus owns a total of 54,973,955 Units, representing 33.51 per cent. of the 164,038,149 Units in issue.
R.G. Balfour-Lynn, J. Singh and M.A. Bibring, who are members of the 1997 Concert Party, are Directors of the Company. The holdings of the individual members of the 1997 Concert Party are as follows:
|
Close of business on 11 January 2010
|
On Admission on 12 January 2010
|
|
|
|
Number of
Units
|
|
Percentage
of issued
Units
|
|
Number of
Units
|
|
Percentage
of issued
Units
|
|
|
|
|
|
|
|
|
|
|
|
R.G. Balfour-Lynn
|
|
7,533,655
|
|
10.41%
|
|
16,433,655
|
|
10.02%
|
|
A.F. Blurton
|
|
694,130
|
|
0.96%
|
|
694,130
|
|
0.42%
|
|
J. Singh
|
|
1,003,284
|
|
1.39%
|
|
3,503,284
|
|
2.14%
|
|
M.A. Bibring
|
|
609,742
|
|
0.84%
|
|
3,943,075
|
|
2.40%
|
|
W. Broadbent
|
|
483,739
|
|
0.67%
|
|
1,583,739
|
|
0.97%
|
|
J.W. Harrison
|
|
4,366,999
|
|
6.03%
|
|
10,600,331
|
|
6.46%
|
|
J.S. Shashou
|
|
6,116,402
|
|
8.45%
|
|
14,116,402
|
|
8.60%
|
|
The Trustee of
the LTIP
|
|
766,006
|
|
1.06%
|
|
766,006
|
|
0.47%
|
|
The Trustee of
the 2009 EBT (see
Note below *)
|
|
-
|
|
-
|
|
3,333,333
|
|
2.03%
|
|
Total 1997 Concert
Party
|
|
21,573,957
|
|
29.81%
|
|
54,973,955
|
|
33.51%
|
Note
* Subject to the Trustee of the 2009 EBT's discretion, these Units will be held by the Trustee of the 2009 EBT in the MWB Group Employee Share Scheme, of which it is intended that Andrew Blurton and his wife and minor children become discretionary beneficiaries.
|
Contacts:
|
MWB Group Holdings Plc
Richard Balfour-Lynn, Chief Executive
Jagtar Singh, Finance Director
|
Tel: 020 7706 2121
|
|
|
|
|
|
|
Panmure Gordon & Co Limited
Hugh Morgan
Adam Pollock
|
Tel: 020 7459 3600
|
|
|
|
|
|
|
Baron Phillips Associates
Baron Phillips
|
Tel: 020 7920 3161
|
12 January 2010
This information is provided by RNS
The company news service from the London Stock Exchange
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