TIDMWHL

RNS Number : 8870V

Westhouse Holdings PLC

20 January 2012

 
 20 January 2012 
 

Westhouse Holdings PLC

("Westhouse" or the "Company")

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.

- Ends -

 
 Enquiries: 
  Westhouse Holdings PLC 
 Christopher Getley, Chief                           Tel: +44 (0) 20 7601 
  Executive                                                          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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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