Share Issue

RNS Number : 0653G

Minoan Group PLC

18 November 2015

 



18 November 2015

MINOAN GROUP PLC

(the "Company" or "Minoan")

Share Issue

The Company is issuing, subject to admission on AIM, 1,160,000 Ordinary Shares of 1p each at 9p per share (new Ordinary Shares) to settle certain existing liabilities.

Application has been  made for the 1,160,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective from  23 November 2015. Following Admission, there will be a total of 188,831,524 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/Mark Leonard
Throgmorton Street Capital	020 7071 0808
Forbes Cutler
Morgan Rossiter	020 3195 3240
Richard Morgan Evans/James Rossiter

 

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