Newmark Security plc
("Newmark" or the "Company")
Exercise of Share Warrants and Total Voting Rights
Newmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, announces that it has received notice from Michel Rapoport (Non-Executive Director of the Company) to exercise share warrants over an aggregate of 7,500,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). The exercise price is 1p.
Application has been made for the 7,500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"), and it is expected that Admission will commence on 6 October 2015. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
Following Admission, Mr Rapoport will hold 23,055,000 Ordinary Shares, representing 4.92% of the enlarged issued share capital.
The total number of Ordinary Shares in issue following Admission will be 468,732,316. Accordingly, the figure of 468,732,316 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 the Company under the FCA's Disclosure and Transparency Rules.
For further information:
Newmark Security plc |
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Marie-Claire Dwek, Chief Executive Officer Brian Beecraft, Group Finance Director |
Tel: +44 (0) 20 7355 0070 |
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www.newmarksecurity.com |
Cantor Fitzgerald Europe |
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David Foreman / Michael Reynolds, Corporate Finance David Banks / Tessa Sillars, Corporate Broking |
Tel: +44 (0) 20 7894 7000 |
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Yellow Jersey
Notes to editors:
Newmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets. Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Asset Protection), the Group listed on AIM in 1997.
Grosvenor Technology provides state of the art access control and data acquisition systems delivered via its reputable JANUS access control platform and its CUSTOM brand data-collection terminals. The next generation and recently launched SATEON software is a brand new and innovative access control concept which delivers all the features of a software based system but in the cloud which improves lifecycle cost, install speed and allows for instant maintenance from anywhere in the world. Grosvenor Technology clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch, Bank of America, M & S, Morrisons, Tesco, Network Rail, government departments and many universities. More information can be found at www.grosvenortechnology.com
Offering staff and asset protection since 1987, Safetell is the UK's leading provider of fixed and reactive security screens, reception counters, cash management systems and associated security equipment. Safetell's customers range from leading blue chip organisations to single sites including banks and building societies, police forces and the Post Office, local authorities and government departments, forecourt retailers and supermarket chains. More information can be found at www.safetell.co.uk
