Conister Financial Group plc
31 January 2008
For immediate release 31 January 2008
Conister Financial Group plc ('CFG' or the 'Company')
Implementation of Scheme of Arrangement
Admission to AIM
The Board of CFG is pleased to confirm that the Scheme of Arrangement in respect
of Conister Trust Plc has been fully implemented and that, with effect from
today, the entire issued share capital of CFG has been admitted to trading on
AIM.
The Company also confirms that, in response to Shareholder's views expressed at
the EGM held on 17 January 2008, it will not issue any Ordinary Shares at a
discount of greater than 10% to the prevailing market price of shares or make
any issue of Ordinary Shares over 20% of the then existing issued share capital,
and that this policy will be the subject of a vote by members at the next
General Meeting of the Company.
For the purposes of the Disclosure and Transparency Rules of the Financial
Services Authority, the Board of CFG is required to notify the market of the
following:
As at the date of this announcement, the Company's issued share capital consists
of 50,719,502 ordinary shares with a nominal value of 25p each, with voting
rights ('Ordinary Shares'). The Company does not hold any Ordinary Shares in
Treasury.
Therefore the total number of Ordinary Shares in the Company with voting rights
is 50,719,502.
The above figure of 50,719,502 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their interest
in, the share capital of the Company under the Financial Service Authority's
Disclosure and Transparency Rules.
ENDS
For further information, please contact:
Conister Financial Group plc
Jeremiah Linehan Director
Tel 01624 694694
Beaumont Cornish Limited
Roland Cornish
Tel +44 (0) 20 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
This information is provided by RNS
The company news service from the London Stock Exchange
VRWVRAOAR
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