For Immediate Release
Avacta Group plc
Issue of Equity
Avacta Group plc (the 'Company') announces that 750,700 ordinary shares of 0.1p each ('Ordinary Shares') have been issued at a price of 3.24 pence per share pursuant to contractual obligations for services provided to the Company.
Application has been made for 750,700 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 13 January 2009.
The total number of Ordinary Shares in issue following the above issue will be 824,638,212.
7 January 2009
Enquiries:
Avacta Group plc
Tim Sykes, Chief Financial Officer
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Tel: 087 0835 4367
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Daniel Stewart & Company Plc
Lindsay Mair/Stewart Dick
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Tel: 020 7776 6550
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Novum Securities Limited
Henry Turcan
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Tel: 020 7562 4700
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Haggie Financial Limited
Nicholas Nelson/Kathy Boate
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Tel: 020 7417 8989
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