Share Division

RNS Number : 7528V

Canisp PLC

16 July 2009

 

16 July 2009

Canisp Plc

(Canisp or 'the Company')

Application to AIM following share division

Canisp (AIM:CN.), today announces that following the approval of its shareholders at the Company's annual general meeting on 23 June 2009 of the share division of all existing issued and unissued ordinary shares in the capital of the Company ('Ordinary Shares') of 1p each into one Ordinary Share of 0.1p each and nine deferred shares of 0.1p each, application has been made for 151,547,275 Ordinary Shares of 0.1p each to be admitted to trading on AIM.  

Admission of these 151,547,275 Ordinary Shares of 0.1p each is expected to occur at 8.00 am on 21 July 2009. Following this issue and the issue of the 50,000,000 Ordinary Shares of 0.1p each announced on 10 July 2009, there will be 201,547,275 Ordinary Shares of 0.1 pence each in issue, each of which are voting shares.

Enquiries:

Nominated advisor and broker:

Neil Johnson/Andrew Chubb, Canaccord Adams Limited     tel:                        [phone]

John Bick, Hansard Group                                                            tel:                         [phone]

 

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