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Dhir India Inv. plc (DHIR)

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Tuesday 29 July, 2008

Dhir India Inv. plc

Warrant Exercise Date

RNS Number : 0621A
Dhir India Investments plc
29 July 2008
 



Dhir India Investments plc (the "Company")

Warrants Exercise Date


Dhir India Investments plc announces that the warrants issued at the time of admission to AIM, entitling holders to subscribe for one ordinary share of 10p each in the Company for every warrant held, at a subscription price of £1.875 ("the Warrants"), will become exercisable for the first time on 31 July 2008. 


Warrant holders shall have the right to exercise their Warrants, in whole or in part, on the last business day of every calendar month in the period from 31 July 2008 up to and including 30 June 2009. 


The are 3,333,333 Warrants in issue which, if exercised in full, would raise approximately £6.25 million for the Company. The Warrants were allocated to the initial placees of the IPO of the Company in the ratio of one Warrant for every 5 ordinary shares subscribed. The Warrants are admitted to AIM and trade under the ticker symbol DHIW.


Warrant holders wishing to exercise their Warrants should contact Shareholder Services, Capita Registrars, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU. Telephone: 0871 664 0300. (Please note that calls cost 10 pence per minute).


29 July 2008



This information is provided by RNS
The company news service from the London Stock Exchange
 
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