Additional Listing

RNS Number : 6401D
Avacta Group PLC
28 March 2011
 



 

 

28 March 2011

 

 

Avacta Group plc

 

Issue of Equity

 

Avacta Group plc (the "Company") announces that 1,200,000 ordinary shares of 0.1p each ("New Ordinary Shares") have been issued at a price of 0.25p per share, pursuant to the exercise of share warrants. The warrants were granted during May 2006, prior to the reversal of Avacta Limited into the Company, then named Readybuy plc.

Application has been made for the 1,200,000 New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 1 April 2011.

 

The total number of Ordinary Shares, with voting rights, in issue following the above issue will be 1,665,687,577.

 

 

Enquiries:

 

Avacta Group plc

Tel:  0844 414 0452

Alastair Smith, Chief Executive Officer

Tim Sykes, Chief Financial Officer

www.avacta.com

Broker

XCAP Securities Limited

John Grant/Karen Kelly/David Newton

Nominated Adviser

Grant Thornton Corporate Finance

Tel:  020 7101 7070

www.xcapgroup.com

 

Tel:  020 7383 5100

www.grantthornton.co.uk

Colin Aaronson/David Hignell


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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