Share Issue

RNS Number : 3077F

Minoan Group PLC

27 July 2016

 

27 July 2016

MINOAN GROUP PLC

(the "Company" or "Minoan")

Share Issue

The Company is issuing, subject to admission on AIM, 3,000,000 Ordinary Shares of 1p each at 8p (new Ordinary Shares) to settle certain existing liabilities.

Application has been made for the total of 3,000,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective from 2^nd August 2016. Following Admission, there will be a total of 194,650,968 Ordinary Shares in issue. This figure may be used by shareholders 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, Minoan under the FCA's Disclosure and Transparency Rules.

For further information please visit www.minoangroup.com or contact:

Minoan Group Plc
Christopher Egleton	[e-mail]
Duncan Wilson	0141 226 2930
Bill Cole	020 8253 4305
WH Ireland Limited	020 7220 1666
Adrian Hadden/Nick Prowting
Throgmorton Street Capital	020 7071 0808
Forbes Cutler
Morgan Rossiter	020 3195 3240
Richard Morgan Evans/James Rossiter

 

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