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Kiwara PLC (KIW)


Friday 06 November, 2009

Kiwara PLC

Issue of shares

RNS Number : 1103C
Kiwara PLC
06 November 2009



ISIN - GB0007702953

06 November 2009

Kiwara plc

("Kiwara" or the "Company")

Issue of shares

Application has been made to the AIM Market of the London Stock Exchange ("AIM) and the JSE Limited ("JSE") for 300,000 new ordinary shares of 1 pence each to be issued at a price of GBP0.20 (ZAR2.55per share and listed on the JSE and AIM on Monday, 9 November 2009.

The new shares have been issued and allotted following the exercise of share options and in terms of the Company's authority to issue shares under the Kiwara Share Appreciation Scheme, obtained on 19 September 2008. The new shares will rank pari passu in all respects with the existing ordinary shares of the Company. 

Following admission to trading of the above new shares, the total number of Kiwara ordinary shares in issue will be 198,851,210.

For further information, please contact:

Kiwara Plc                                                    Tel: +44 (0)207 581 4477

Colin Bird/Raju Samtani

FinnCap, London

Matthew Robinson / 

Ed Frisby, Corporate Finance                         Tel: +44 (0) 20 7600 1658

Sasfin, Johannesburg

Leonard Eiser, Corporate Finance                   Tel: +27 (0) 11 809 7511

Bishopsgate Communications Ltd 

Suzanne Johnson-Walsh                                Tel: +44 (0)20 7562 3359 

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

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