Key points
- Under the Executive Incentive Plan, 50,000 performance shares were converted to ordinary shares.
- The Company issued and allotted 50,000 ordinary shares of 0.5p on 17 March 2008.
- Following the issue, the Company will have 66,114,113 ordinary shares in issue.
- Application has been made for the new shares to be admitted to trading on AIM on 25 March 2008.
The Company announces that in accordance with the Executive Incentive Plan 50,000 performance shares have been converted to ordinary shares.
Following receipt of the conversion notice the Company has, on 17 March 2008, issued and allotted 50,000 ordinary shares of 0.5p. Following the issue of these shares, the Company will have 66,114,113 ordinary shares in issue. Application has been made for the shares to be admitted to trading on AIM and this will take place on 25 March 2008.
