?2012?10?16?
Issue of equity
Global Lock, the provider of security solutions to retailers
and other organisations in China, announces that it has
issued 5,000,000 ordinary shares of nil par value each in the
Company to certain employees of the Company (the "Employee
Bonus Shares").
The Employee Bonus Shares represent 2.0 per cent. of the
Company's issued share capital and have been issued to
various employees in satisfaction of certain bonus
entitlements under their contracts of employment, as further
described in paragraph 16 of Part 1 of the Company's
Admission Document dated 17 October
2010. The Employee Bonus Shares have been issued at 5.50p
(representing a
premium of approximately 22 per cent. to the closing
mid?price of the Company's shares on 15 October 2012, being
the latest practicable date prior to the date of this
announcement).
Included in the issue of the Employee Bonus Shares are 26,316
ordinary shares to be issued to Xiao Hua Zhang (known as
Robert), a director of the Company. Following the issue of
the Employee Bonus Shares, Robert Zhang will hold 96,316
ordinary shares representing 0.038 per cent. of the then
issued share capital of the Company.
An application has been made to admit the Employees Bonus
Shares to trading on AIM and it is expected that this will
take place on or around 19 October 2012 ("Admission"). The
Employee Bonus Shares will represent approximately 1.96 per
cent. of the enlarged share capital of Global Lock. The total
enlarged issued share capital of Global Lock following
Admission will be 255,000,000 ordinary shares of nil par
value each in the capital of the Company. 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 share capital of the Company under the
Disclosure and Transparency Rules.
Enquiries:
Moxiang LI, Chairman and CEO Tel:+86 755 8366 0755
Robert Zhang?Director & Chief Investor Relations Officer
Tel.+86 755 86556705(IDD)
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E?mail:robertzh@globallock.com
Andrew Gee, Non?executive Director Tel: 0777 565 3564
Nick Naylor
Alex Price
Terry Garrett Tel: 0207653 9845
Alex White Tel: 0207653 9859
Global Lock provides a total anti?theft service for the Chinese retail sector. This service comprises three primary elements: a patented GSM alarm system; a 24 hour security service and guard response; and linked anti?theft insurance. The Directors of Global Lock believe that the Global Lock is the only provider of this type of comprehensive integrated security system service in the Peoples Republic of China.
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???????????????????????????????????????
??:????????????? 168 ?????????? 19 ? ???518055
?? Tel: +?86?755 83660755 ?? Fax: +?86?755 25936516 ???www.globallock.com or www.qqs110.com
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