Approval of Acquisition
Published: 06/04/2005, 12:16
Walker,Crips,Weddle,Beck PLC 06 April 2005 WALKER, CRIPS, WEDDLE, BECK PLC APPROVAL OF THE ACQUISITION OF G&E INVESTMENT SERVICES LIMITED Further to the announcement dated 21st March 2005, Walker, Crips, Weddle, Beck plc ("WCWB"), the fully listed stock and share broker, announces that, at an extraordinary general meeting held on 6th April 2005, shareholders unanimously approved the acquisition of G&E Investment Services Limited. This acquisition has now been completed subject to the admission of the 800,000 shares of 20p each in WCWB, which constitute part of the initial consideration under the terms of the acquisition agreement, (' the Initial Consideration Shares') being admitted to the Official List, and to these shares being admitted to trading on the London Stock Exchange's market for Listed Securities. Application has been made for the Initial Consideration Shares in WCWB to be admitted to the Official List of the UK Listing Authority and an application has also been made for admission to trading on the London Stock Exchange. Following admission, WCWB will have 11,563,466 ordinary shares of 20p each in issue. It is expected that these shares will be admitted to trading on Monday 11th April. 6th April 2005 For further information contact: Walker, Crips, Weddle, Beck plc - Michael Sunderland (020 7253 7502) G&E Investment Services Limited - David Hetherton ( 01904 544 300) This information is provided by RNS The company news service from the London Stock Exchange