EcoSecurities Group plc
29 June 2007
29 June 2007
ECOSECURITIES GROUP PLC
ADMISSION OF NEW ORDINARY SHARES
Dublin, Ireland - EcoSecurities Group plc (the "Company") announces that the
subscription agreement between the Company and Credit Suisse International
("Credit Suisse"), details of which were announced by the Company on 22 June
2007, has today completed. In accordance with the terms of the subscription
agreement, the Company conditionally allotted 9,241,955 new ordinary shares of
€0.0025 each in the capital of the Company (the "New Ordinary Shares") to Credit
Suisse at a price of 320 pence per share on 22 June 2006. The New Ordinary
Shares represent approximately 9.0 per cent. of the Company's issued share
capital following allotment of the New Ordinary Shares. The allotment was
conditional on the New Ordinary Shares being admitted to trading on the AIM
market of the London Stock Exchange plc ("AIM"). The Company is pleased to
announce that the New Ordinary Shares were today admitted to AIM. Dealings in
the New Ordinary Shares are expected to commence immediately.
Enquiries:
EcoSecurities Group plc
Sheila Booth, Assistant Company Secretary
Tel: +353 1613 9814
Hoare Govett Limited (Nominated adviser and corporate broker to the Company)
Hugo Fisher
Lee Morton
Tel: +44 20 7678 8000
Hoare Govett Limited, which is regulated by the Financial Services Authority, is
acting as nominated adviser and corporate broker exclusively for the Company in
connection with the matters set out in this announcement and no-one else and
will not be responsible to anyone other than the Company for providing the
protections offered to clients of Hoare Govett nor for providing advice in
relation to the matters set out in this announcement. Hoare Govett Limited's
responsibilities as the Company's nominated adviser under the AIM Rules for
Nominated Advisers will be owed solely to the London Stock Exchange plc and are
not and will not be owed to the Company or to any director or proposed director
of the Company or to any other person. No representation or warranty, express
or implied, is made by Hoare Govett Limited as to any of the contents of this
announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
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