21 December 2009
Network Group Holdings plc (the "Company")
Issue of Equity
Network Group Holdings announces that on 21
December 2009 it issued 65,841 ordinary shares of
0.1p. Application for admission has been made in respect of
these shares, and admission is expected to be
effective on 29 December 2009.
These shares were issued pursuant to the Company's policy
of incentivising management in its businesses through equity participation in
the Company.
As a result of this issue of shares and in conformity
with the Financial Services Authority's Disclosure and Transparency Rules,
the Company gives notice that its voting capital consists
of 70,603,125 Ordinary Shares of 0.1p each, with a total nominal
value of £70,603.13.
As the Company does not hold any ordinary shares in
Treasury, its total number of voting rights equals its capital. Under the trust
deed establishing the Network Group Holdings Employee Benefit Trust, the
trustees have undertaken to abstain from voting any shares held in the trust fund,
which currently holds 6,500,000 Ordinary Shares, however these shares still
carry voting rights, and have been included in the total voting rights figure
quoted above.
The above figure 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 FSA's Disclosure and Transparency Rules.
For further information please contact:
Network Group Holdings plc 01676 525 000
Nigel Dudley, Company Secretary
www.networkgroupholdings.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange