Loan Notes Conversion
13 Dezember 2004 - 4:57PM
UK Regulatory
RNS Number:3412G
RII PLC
13 December 2004
FOR IMMEDIATE RELEASE 13 December 2004
RII plc
("RII" or the "Company")
The Board of RII plc announces that, following instructions from holders of
#35,000 Unsecured Zero Coupon Convertible Loan Notes 2011 ("Loan Notes"), it
agreed on 9 December 2004 to allot 10,144,927 ordinary shares of 0.1p at 0.345p
per share in accordance with the terms of the Loan Note Instruments.
The resulting two holdings of 8,695,652 and 1,449,275 ordinary shares represent
6.03% and 1.01% of the enlarged issued share capital, respectively.
Application has been made for 10,144,927 ordinary shares of 0.1p to be admitted
to trading on AIM.
Name of contact and telephone number for queries:
Jeremy Gorman, Company Secretary - 020 7935 0027
For and on behalf of RII PLC
Jeremy Gorman
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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