Additional Listing
10 März 2009 - 11:21AM
UK Regulatory
TIDMIGP
RNS Number : 6053O
Intercede Group PLC
10 March 2009
Intercede Group plc
(the "Company")
Additional Listing
Intercede Group plc announces that following notification by Champel Inc, holder
of convertible loan notes issued by the Company on 31 March 2000 ("Loan Notes"),
to convert the Loan Notes (together with associated interest for the period to
31 May 2009) with immediate effect into ordinary shares of 1p each in the
Company ("Ordinary Shares"), the Company has issued 292,915 Ordinary Shares
("New Shares") at a price of 15.0p per Ordinary Share to Champel Inc. Following
such conversion, the total issued share capital of the Company will be
37,403,756 Ordinary Shares.
Application will be made to London Stock Exchange plc for the New Shares to be
admitted to trading on AIM. The New Shares will rank pari passu in all respects
with the existing Ordinary Shares in issue and it is expected that trading will
commence in the New Shares on 16 March 2009.
Enquiries:
Intercede Group plc 01455 558111
Andrew Walker, Finance Director
KBC Peel Hunt 020 7418 8900
Daniel Harris, KBC Peel Hunt
This information is provided by RNS
The company news service from the London Stock Exchange
END
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