Billam PLC
20 March 2002
BILLAM PLC
Admission of new shares to trading on AIM
and closure of offer for World Life Sciences PLC
Billam Plc ('Billam') announces that application has been made for 16,057,238
new ordinary shares of 0.1 pence each to be admitted to trading on AIM. These
shares are being issued to World Life Sciences PLC ('WLS') shareholders that
have had their shares compulsorily purchased pursuant to section 430 of the
Companies Act 1989. Billam now owns 100 per cent. of the share capital in World
Life Sciences.
Admission of these shares is expected to take place on 26 March 2002. These
shares will rank pari passu with the existing ordinary shares in issue.
The enlarged share capital of Billam after these shares have been admitted to
AIM is 1,187,231,147 ordinary shares of 0.1 pence each.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.