28 Feb 2014 07:01
28 February 2014
Sweett Group plc (the "Company")
Issue of Equity
Sweett Group (AIM: CSG.L), the international construction and property consultancy, announces that application has been made to the London Stock Exchange for 314,387 new ordinary shares of 10p each in the Company to be admitted to trading on AIM ("Admission"). The shares form part of the consideration to the vendors of Padgham & Partners Pty Limited. It is expected that Admission will become effective and trading will commence at 8.00 a.m. on 5 March 2014.
Following Admission, the Company's enlarged issued share capital will comprise 68,658,585 ordinary shares, with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 68,658,585. This figure may 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 FCA's Disclosure and Transparency Rules.
For further information, please contact:
Sweett Group plc | +44 20 7061 9000 |
Patrick Sinclair, Chief Financial Officer
Philip Watt, Company Secretary
Sophie Hull, Head, Corporate Communications
Westhouse Securities Limited | +44 20 7601 6100 |
Tom Griffiths
Paul Gillam
FTI Consulting Oliver Winters | +44 20 7831 3113 |
About Sweett Group
Sweett Group plc is a global business with expertise in property and infrastructure professional services. Our services include programme and project management, cost management, advisory and PPP/PFI investment.
We aim to forge long term, successful relationships with all stakeholders in the property and infrastructure industry. "Global knowhow, local delivery" is the essence of our business and our reach enables us to put global best practice to use in the local markets we serve.
www.sweettgroup.com |
ENDS