Active Energy Regulatory News (AEG)

12 Dec 2006 16:36

Buckland Group PLC12 December 2006 BUCKLAND GROUP PLC Issue of new equity Application has been made for admission of 106,666,666 ordinary shares of 0.01peach in the Company to trading on AIM. These shares have been issued pursuant toa placing for cash at 0.075p per share to raise £ 80,000 before expenses toprovide additional working capital for the group. Of this total, £ 18,000 hasbeen subscribed for by Philip Palmer and £ 37,000 by Lee Sharples, both of whomare directors of the Company. Following these transactions, Philip Palmer willhave an interest in 55,366,666 shares representing 5.9% of the enlarged sharecapital and Lee Sharples will have an interest in 84,134,999 shares, equivalentto 9.1% of the enlarged share capital. The shares will rank pari passu with the existing ordinary shares of theCompany. Dealings are expected to commence in the new ordinary shares on 13thDecember 2006. Enquiries: Patrick RogersChairman07711 420702 This information is provided by RNS The company news service from the London Stock Exchange