Share Issue

RNS Number : 3077F
Minoan Group PLC
27 July 2016
 

27 July 2016

 

MINOAN GROUP PLC

(the "Company" or "Minoan")

                                                                                        

Share Issue

The Company is issuing, subject to admission on AIM, 3,000,000 Ordinary Shares of 1p each at 8p (new Ordinary Shares) to settle certain existing liabilities.

Application has been made for the total of 3,000,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective from 2nd August 2016. Following Admission, there will be a total of 194,650,968 Ordinary Shares in issue. 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, Minoan under the FCA's Disclosure and Transparency Rules.

For further information please visit www.minoangroup.com or contact:

Minoan Group Plc


Christopher Egleton

christopher.egleton@minoangroup.com

Duncan Wilson

0141 226 2930

Bill Cole

020 8253 4305



WH Ireland Limited

020 7220 1666

Adrian Hadden/Nick Prowting




Throgmorton Street Capital

020 7071 0808

Forbes Cutler




Morgan Rossiter

020 3195 3240

Richard Morgan Evans/James Rossiter


 

 


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