PLC News 2009
14 October 2009
Change of Shareholding and Change of Name
Hanson Westhouse Holdings plc (AIM:HWH), the integrated corporate finance and broking house focusing on small and mid-cap companies, announces that it has today arranged the placing of the Hon. Robert Hanson's entire holding of 2,248,293 ordinary shares in the Company, amounting to 19.62% of the Company's issued share capital. These shares have been acquired by certain institutional and individual investors, including a number of the Company's directors and employees. Accordingly, the Hon. Robert Hanson no longer has a notifiable interest in the Company.
As stated in the Company's interim results released on 29 September 2009, it is proposed that the name of the Company be changed to Westhouse Holdings plc and a notice convening an Extraordinary General Meeting of the Company to effect the change will be posted to shareholders shortly.
William Staple, Chief Executive, commented: "We would like to thank Robert for his support for HansonWesthouse in the formative phase of the Company's development and we wish him well with his other business interests."
For further information:
| Hanson Westhouse Holdings plc | |
| William Staple, Chief Executive | Tel: +44 (0) 20 7601 6100 |
| william.staple@westhousesecurities.com | www.westhousesecurities.com |
| Nominated Adviser Smith & Williamson Corporate Finance Limited |
|
| Azhic Basirov | Tel: +44 (0) 20 7131 4000 |
| corpfinance@smith.williamson.co.uk | www.smith.williamson.co.uk |
| Broker | |
| Hanson Weshouse Limited | |
| Tim Metcalfe | Tel: +44 (0) 20 7601 6100 |
| tim.metcalfe@westhousesecurities.com | www.westhousesecurities.com |
Media enquiries:
Abchurch Communications Limited |
|
| Quincy Allan | Tel: +44 (0) 20 7398 7710 |
| quincy.allan@abchurch-group.com | www.abchurch-group.com |
Notes to editors
Hanson Westhouse Holdings plc is an integrated corporate finance and broking house offering corporate advisory, broking, trading and M&A services to small and mid-cap companies. It specialises in servicing fast-growing companies, particularly those operating in emerging markets and in the natural resources sector.
Hanson Westhouse is authorised and regulated by the FSA, is a member of the London Stock Exchange, and is a registered AIM Nominated Adviser and Broker.
Hanson Westhouse has a team of highly accomplished corporate finance, broking and research specialists with a strong and diverse track record in the small and mid-cap sector. The team is further supported by an Advisory Panel whose members' experience in growing advisory businesses is well recognised throughout the corporate broking industry.
Hanson Westhouse plc was admitted to trading on AIM in June 2009 following a reverse takeover of SovGEM Limited.
Hanson Westhouse is headquartered in London, has an office in Leeds, and employs more than 30 people. The Company continues to exploit opportunities in overseas markets through its strategic alliance with Agile Partners, based in Beijing, and through close working relationships with a number of other advisory businesses worldwide.
For further information, please visit www.westhousesecurities.com