Western Selection PLC is an AIM listed investment company.
9/2007 - Shareholders received an offer to subscribe for Warrant Units on the basis of one Warrant Unit for every five shares held. The offer of warrants was approved overwhelmingly by shareholders at an Extraordinary General Meeting held on 9th August 2007 and was closed on 17th August 2007 as applications had been received from shareholders for all of the Warrant Units.
Each Warrant Unit comprises two 2007 Warrants, exercisable at 33p each on 10th December 2007, and three 2010 Warrants. The 2010 Warrants are exercisable at 50p each 28 days after the despatch of the annual report of the Company in each of the years 2008 to 2010. The Warrants will be admitted to trading on PLUS from 17th September 2007. PLUS has been chosen over AIM, because of the lower cost. Most brokers who deal in AIM quoted shares and warrants also deal in PLUS quoted shares and warrants9/2007 - Shareholders received an offer to subscribe for Warrant Units on the basis of one Warrant Unit for every five shares held. The offer of warrants was approved overwhelmingly by shareholders at an Extraordinary General Meeting held on 9th August 2007 and was closed on 17th August 2007 as applications had been received from shareholders for all of the Warrant Units.
Each Warrant Unit comprises two 2007 Warrants, exercisable at 33p each on 10th December 2007, and three 2010 Warrants. The 2010 Warrants are exercisable at 50p each 28 days after the despatch of the annual report of the Company in each of the years 2008 to 2010. The Warrants will be admitted to trading on PLUS from 17th September 2007. PLUS has been chosen over AIM, because of the lower cost. Most brokers who deal in AIM quoted shares and warrants also deal in PLUS quoted shares and warrants.7/2007 - Offer of warrant units and waiver Rule 9 of the City code.
View document in MS Word format6/2006 - Preliminary announcement of unaudited results for the year ended 30th June 2006
The Company made a pre-tax profit for the year of £316,000 (2005 - £157,000); the profit after tax is £315,000 - 2.75p per share (2005 - £153,000 – 1.4p per share). The directors have declared an increased dividend of £286,000, equivalent to 2.45p per share (1995 - £252,000 – 2.32p per share) which will be paid on 6th October 2006.
For further information click on the link below:
Preliminary Announcement download pdf file6/2006 - FINAL NOTICE TO HOLDERS OF WARRANTS TO SUBSCRIBE FOR SHARES IN WESTERN SELECTION P.L.C.
The final date to exercise subscription rights in respect of the above warrants will be 27th October 2006 ("the Subscription Date"), being 28 days after the Annual General Meeting, which has been set for 29th September 2006. On the Subscription Date holders of Warrants may exercise their right to subscribe for all or part of the number of Ordinary Shares of 40p each in the capital of the Company ("Shares") indicated on their Warrant, at a price of 64p per Share.
For further information click on the link below:
Final Exercise Of Warrants download pdf file
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