Additional Listing
02 April 2003 - 4:46PM
UK Regulatory
RNS Number:5560J
Advanced Technology (UK) PLC
02 April 2003
Advanced Technology (UK) Plc ("the Company" or "ATL")
Issue of new shares
Between 27 March 2003 and 02 April 2003 ATL has received validly executed
notices of the exercise of the right to convert #100,000 of Conditional
Convertible Unsecured Loan Notes 2005 ("Loan Notes") into new Ordinary Shares in
the capital of the Company. Loan Notes were issued to investors pursuant to the
arrangements set out in the Company's circular dated 21 November 2002 and
approved by shareholders on 17 December 2002. Each Loan Note entitles the holder
to convert Loan Notes into Ordinary Shares at the rate one new Ordinary Share
for each 15p of Loan Notes converted.
Accordingly the Company has today allotted 666,666 new ordinary shares of 5p
each in the capital of the Company. Application has been made for admission to
AIM of such new ordinary shares. Admission is expected to take place on 08 April
2003.
Enquiries:
David Collinson Finance Director, ATL 01202 592000
This information is provided by RNS
The company news service from the London Stock Exchange
END
LISBSGDSSSGGGXD