Additional Listing

RNS Number : 7894W

Avisen PLC

03 February 2012

 



03 February 2012

 Avisen plc (AIM:AVI)

("Avisen" or the "Company")

Additional Listing

Avisen plc (AIM: AVI)  announces today that it shall allot  a total of 1,646,080 ordinary shares of 1p in the Company ("Ordinary Shares") to unconnected third parties in lieu of services provided to the Company. The 1,646,080 new Ordinary Shares ("New Ordinary Shares") comprise 644,330 Ordinary Shares issued fully paid at a value of 3.88p per share and 1,001,750 Ordinary Shares issued fully paid at a value of 4p per share.

An application has been made to the London Stock Exchange for 1,646,080 Ordinary Shares to be admitted to trading on AIM and it is expected that admission will occur at 8.00 a.m. on 9 February 2012. Following admission, the Company will have 350,415,354 Ordinary Shares in issue, and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Avisen. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.

  - Ends -

For further information, please contact:

Avisen PLC Marcus Hanke, CEO / Claire Milverton, CFO	0870 880 2978
Strand Hanson James Harris/Paul Cocker	0207 409 3494
Bishopsgate Communications Deepali Schneider/ Lynne Goulding	020 7652 3350

 

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