Issue of Equity
17 Juli 2007 - 11:51AM
UK Regulatory
Lennox Holdings PLC
Issue Of Equity
17 July 2007
Lennox Holdings PLC (the "Company") today announces the issue of 848,000
ordinary 1p shares pursuant to both an exercise of warrants and to the
conversion of loan stock into ordinary shares.
Of these 848,000 new ordinary shares, 722,000 new ordinary shares have been
issued and allotted following an application to exercise 722,000 warrants for
new ordinary shares at an exercise price of 1p per share.
126,000 new ordinary shares have been issued and allotted further to the Company
receiving notice to convert �12,600 of a certificate for �108,333 Lennox
Convertible Secured Loan Stock into ordinary shares of the Company at nominal
value.
Following the allotment of the 848,000 new ordinary shares, the Company will
have 27,499,652 ordinary shares in issue.
Application has been made for the new ordinary shares to be admitted to trading
on AIM on 20 July 2007.
Significant Shareholdings
Following the allotment of the new shares, the following persons
(other than the directors) continue to have an interest in the Company of over
3%:
Shareholder Shareholding % of Shareholding % of issued
before issued share after share
Allotment capital Allotment capital
Prior to after
Allotment Allotment
Peter R Voller 5,063,772 19.00% 5,063,772 18.41%
David Franks 4,004,003 15.02% 4,004,003 14.56%
David L Read 2,600,000 9.76% 2,600,000 9.45%
Steve Robinson 1,664,164 6.24% 1,664,164 6.05%
Jose Luis Tedesco 1,644,164 6.24% 1,664,164 6.05%
Rakesh Sehgal 1,481,000 5.56% 1,481,000 5.39%
Gartmore Growth
Opportunities 1,020,135 3.83% 1,020,135 3.71%
As a result of the allotment, Robert Burns no longer holds a notifiable interest
in the Company.
Enquiries:
Nicholas Nelson 020 7451 7068
Nexus Financial Limited
Ian Fenn 020 7512 0191
ARM Corporate Finance Limited
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