GRC International : Result of General Meeting, Director Dealing, TVR
February 18, 2020 at 06:47 am EST
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GRC International Group PLC - GRC
Result of General Meeting, Director Dealing, TVR
Released 11:43 18-Feb-2020
RNS Number : 3593D
GRC International Group PLC
18 February 2020
18 February 2020
GRC International Group plc
('GRC International', the 'Company' or the 'Group')
Result of General Meeting, Director Dealing and Total Voting Rights
GRC International Group plc, a supplier of IT governance, risk management and compliance products and services, is pleased to announce that at the General Meeting held earlier today in relation to the Company's proposed Placing and entering into the Deed of Variation, all resolutions were duly passed.
Application has been made to the London Stock Exchange for the admission of the 33,413,417 Ordinary Shares issued. It is anticipated that admission to trading of, and dealings in, the Ordinary Shares will commence on AIM on or around 20 February 2020.
Following the issue of these Ordinary Shares, the total number of voting rights in the Company will be 99,577,589 and shareholders may use this figure 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 Guidance and Transparency Rules.
Directors Shareholdings
Upon Admission, following the completion of the issue of New Ordinary Shares as set out in the Circular, the beneficial interests of the Directors will be as follows:
Director
Number of Ordinary Shares
Percentage of Enlarged Share Capital
Andrew Brode
13,972,108
14.03%
Alan Calder
29,822,461
29.95%
Steve Watkins
4,542,282
4.56%
Neil Acworth
1,245,465
1.25%
Richard Piper
319,231
0.32%
Defined terms used in this announcement will have the meanings (unless the context otherwise requires) set out in the circular dated 31 January 2020, which is available on the Company's website https://www.grci.group/investors.
Enquiries:
GRC International Group plc
+44 (0) 330 999 0222
Alan Calder, Chief Executive Officer
Christopher Hartshorne, Finance Director
Grant Thornton UK LLP (Nominated Adviser)
+44 (0) 20 7383 5100
Philip Secrett
Jamie Barklem
Ben Roberts
Dowgate Capital Limited (Broker)
+44 (0) 20 3903 7715
James Serjeant
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Result of General Meeting, Director Dealing, TVR - RNS
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GRC International Group plc published this content on 18 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2020 11:45:03 UTC
GRC International Group PLC is a United Kingdom-based international governance, risk management and compliance company. The Company's main business is cyber defense. It offers a range of products and services, including information technology governance, risk management, compliance with data protection and cyber security regulations, online and in-person training and staff awareness, consultancy, online publishing and distribution, as well as software. Its capabilities also include products and services to enable corporates to address governance issues, such as money laundering and bribery. The Company has three divisions: Software as a Service (SaaS), E-Commerce and Services. SaaS division is focused on delivering cyber security and privacy subscription solutions from a growing range of cloud-based platforms. E-Commerce division works with both individuals and business. Services division helps corporate and public organizations meet compliance and cyber risk management objectives.