Still issuing equity15 Oct 2008 10:01
The Company announces that at a Board meeting held on 13 October 2008, under the terms of the facility agreement dated 17 January 2008, 1,400,000 Ordinary Shares of 20p ("Ordinary Shares") each were allotted at a price of €0.25 per Ordinary Share. The enlarged issued share capital of the Company now consists of 76,651,954 Ordinary Shares.
Application for the admission to AIM of the Ordinary Shares allotted above will be made and dealings are expected to commence on 21 October 2008. The Ordinary Shares will, on admission to AIM, rank pari passu with, and will be identical in all respects to, the existing ordinary shares of the Company.
Application will also be made at the earliest practical opportunity for admission of the Ordinary Shares to trading on Euronext Amsterdam