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CareCapital Grp plc (AVO)

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Friday 18 May, 2012

CareCapital Grp plc

Issue of Equity

RNS Number : 7049D
CareCapital Group plc
18 May 2012

18 May 2012


CareCapital Group Plc


("CareCapital" or the "Company")


Issue of Equity




CareCapital announces that application has been made for the admission to AIM of 15,000,000 new Ordinary Shares ("New Shares"). The New Shares have been issued at 1.5p per Ordinary Share which will be used to repay a loan and associated transactional costs.  Admission of the New Shares is expected to occur on 24 May 2012.


On admission, the New Shares will rank pari passu with the existing Ordinary Shares in the Company.


Following admission, the Company's enlarged issued share capital will comprise 163,410,368 Ordinary Shares with one voting right per share.  The total number of voting rights in the Company is therefore 163,410,368.





Michael Sinclair,

Chief Executive

Sandy Jamieson

Jon Levinson

Simon Hudson,

CareCapital Group Plc

Libertas Capital Corporate Finance Ltd

Rivington Street

Corporate Finance

Tavistock Communications

0203 617 8739

(NOMAD & Joint Broker)

(Joint Broker)

(Financial PR & IR)


020 7569 9650

020 7562 3357

020 7920 3150


This information is provided by RNS
The company news service from the London Stock Exchange