SWP Group PLC - Re Placing of Shares
January 12 1999 - 11:47AM
UK Regulatory
RNS No 0525u
SWP GROUP PLC
12th January 1999
SWP GROUP plc - Placing of Shares
The Company announces that, subject to listing,
14,377,484 ordinary shares of 2p each, equal to
5% of the enlarged share capital, have today
been placed with BJB Nominees (Guernsey) Limited
at a subscription price of 2p per share in order
to raise additional working capital.
The shares rank pari passu in all respects with
the existing ordinary shares of SWP.
Application for listing has been made and the
dealings in the newly issued shares are expected
to commence on Thursday 14 January.
Enquiries to: Mr Alan Walker
Company Secretary
4th Floor
Bedford House
3 Bedford Street
London
WC2E 9EP
Telephone:0171 379 7181
Fax:0171 379 7090
END
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