News
Result of General Meeting
04 June 2009
The Board is pleased to announce, that at the Company's General Meeting held earlier today, all resolutions were duly passed. Following the result of the General Meeting 108,533,333 new ordinary share of 1p each ("New Ordinary Shares") will be admitted to trading on AIM tomorrow at 8.00 a.m.
Following the issue of the New Ordinary Shares the Company's issued share capital will comprise 265,780,908 ordinary shares of 1p each, being the figure which shareholders may use as the denominator for the calculations by which they are required to notify their interest in, or changes to their interest in, WFCA under the FSA's Disclosure and Transparency Rules.
The Directors' shareholdings in the Company following issue of the New Ordinary Shares is as follows:
| Name | Number of Ordinary Shares at Admission | Percentage Holding |
| Southwind Limited* | 42,916,677 | 16.15 |
| Michael John Richards | 108,506,691 | 40.83 |
| Stephen John Latter | 2,500,000 | 0.94 |
| Rodger Gordon Braidwood | 13,022,370 | 4.90 |
| John Robert Foley | 10,266,666 | 3.86 |
* Southwind Limited's sole shareholder is a trust, the principal beneficiary of which is an adult
child of Bob Morton. Bob Morton does not have a notifiable interest in these Ordinary Shares.
Enquiries:
| WFCA plc | Tel: 01892 511 085 |
| Stephen Latter, Financial Director | |
| Daniel Stewart & Company Plc | Tel: 020 7776 6550 |
| Simon Leathers/Oliver Rigby |
Notes to Editor:
The Company was established in 1994 to create a full service advertising agency specialising in direct response advertising. The business grew rapidly and was listed on AIM in January 2006.
Significant growth was gained in April 2008 with the acquisition of WFCA Integrated Limited, a Tunbridge Wells based full service agency originally founded in 1996. With the Company's aim of building the business and accelerating growth this resulted in the achievement of gaining 28th place in the UK agency rankings published by Neilsen in February 2009, together with other significant achievements within the industry.
The Company has a broad client list featuring household names and is able to provide a full advertising and marketing service.