27 Jan 2009 07:00
For immediate release: 27 January 2009
Creon Corporation Plc ("Company") ISSUE OF EQUITY
The Directors of Creon Corporation (AIM: CRO) announce that application will be made for 15,486,592 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to be admitted to trading on the AIM Market of the London Stock Exchange plc. These Ordinary Shares are being issued pursuant to the exercise of warrants, such warrants having been approved by the Company's shareholders at the Company's general meeting held on 6 November 2008. Admission of these Ordinary Shares is expected to take place on 30 January 2009 ("Admission").
Following Admission, the Company's issued ordinary share capital will comprise 43,990,545 Ordinary Shares. All of the Ordinary Shares carry voting rights and this will be the figure which may be used by shareholders in the Company 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, the share capital of the Company.
- Ends -
For further information please contact:
Creon Corporation Plc Jonathan Freeman +44 (0)20 7752 0215
Daniel Stewart & Company Plc Oliver Rigby +44 (0)207 776 6550
GTH Media Relations Toby Hall +44 (0)20 7153 8039
Christian Pickel +44 (0)20 7153 8036
vendor