Conversion of Securities
08 November 2004 - 3:03PM
UK Regulatory
To: The Stock Exchange For immediate release: 8 November
2004
PRIVATE INVESTORS CAPITAL TRUST PLC
Private Investors Capital Trust PLC ("the Company") announces that 1,121,710
Ordinary shares of �1 each were allotted on 8 November 2004 as a result of the
conversion of 2,995,000 Convertible Bonds of the Company. The total issued
capital has therefore increased to 6,553,299 Ordinary shares and the nominal
value of the Convertible Bonds in issue has reduced to �120,000.
Dealings in the 1,121,710 new shares are expected to commence on 10 November
2004.
Enquiries:
Isobel Hunter / Frances Mullan of Adam & Company Investment Management Tel:
0131 225 8484
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