Conversion of Shares

RNS Number : 5233Y

Volvere PLC

23 December 2010

 



23 December 2010

Volvere plc ("Volvere" or the "Company")

Conversion of Shares

Volvere announces that a board meeting held on 22 December 2010 it issued and allotted 84,914 new ordinary shares of GBP0.0000001 each ("Shares") arising from the conversion of 8,568 A shares of GBP0.49999995 each and 8,568 B shares of GBP0.49999995 each.

Application has been made for admission of the new ordinary shares to trading on AIM, which is expected to take place on 30 December 2010.

Following the above conversion of shares the number of Shares in issue (excluding treasury shares) and the figure to be used as the denominator for calculations of interests in the Company's voting rights, will be 5,496,300 Shares.  The Company also has in issue 41,167 A shares of GBP0.49999995 each, 41,167 B shares of GBP0.49999995 each and 856,799,065,194 Deferred shares, none of which are admitted to trading on AIM.

For further information contact:

Volvere plc                           020 7634 9707

Jonathan Lander, CEO

Nick Lander, COO

Arbuthnot Securities           020 7012 2000

Nick Tulloch / Ed Gay

ENDS

 

END

 

 

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