Creston PLC
07 July 2006
Creston plc (the 'Company')
Additional Listing and transaction in own shares
Application has been made to the UK Listing Authority and the London Stock
Exchange for admission to the Official List and to trading on the London Stock
Exchange market for listed securities of 720,147 new Ordinary Shares of 10 pence
each in the capital of Creston plc.
On 9 February 2005 the Company announced that it had entered into an agreement
to purchase Face Communications Limited and its subsidiaries. The Company has
today settled the interim payment in respect of the deferred consideration to
the vendors by the issue of 720,147 new Ordinary Shares and loan notes and cash
to the amount of £4,202,933.
The Company announces that it purchased 58,764 of its Ordinary Shares of 10p
each on 7 July 2006 at a price of 165.4 pence per ordinary share. The Company
intends to hold these shares in treasury.
It is expected that admission will take place and dealings will commence in the
new ordinary shares on 11 July 2006. Following admission and the purchase of
these shares the issued share capital of the Company will be 54,908,663 Ordinary
Shares of 10 pence each (excluding 58,766 Ordinary Shares held in treasury).
Included in the above share issues are awards to certain members of the
Operating Board of Creston plc:
Name Shares Beneficial % of share
issued interest capital
Mr M Lund 131,134 744,553 1.36
Mr G Delaney 131,134 744,553 1.36
7 July 2006
This information is provided by RNS
The company news service from the London Stock Exchange
END
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