Issue of Equity

RNS Number : 7661E

Avacta Group PLC

12 April 2011

 



For Immediate Release

Avacta Group plc

Issue of Equity

Avacta Group plc (the "Company") announces that 851,426 ordinary shares of 0.1p each ("Ordinary Shares") have been issued at a price of 1.11745 per share, pursuant to contractual obligations for services provided to the Company.

Application has been made for 851,426 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 18 April 2011.

The total number of Ordinary Shares in issue following the above issue will be 1,666,539,003.

12 April 2011

Enquiries:

Avacta Group plc	Tel:  [phone]
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:  [phone] www.xcapgroup.com Tel:  [phone] www.grantthornton.co.uk
Colin Aaronson/David Hignell

 

END

 

 

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