ASH.L Regulatory News (ASH)

14 Mar 2007 10:41

Ashley House PLC14 March 2007 Ashley House plc 14 March 2007 Ashley House plc (the "Company") Exercise of Warrants The Company has received applications to exercise 235,910 warrants to subscribefor new Ordinary Shares (the 'New Shares') at an exercise price of 94.99p pershare. Of those applications received, the following relate to the Directors ofthe Company and their respective families (as defined by the AIM Rules): Director Person Exercising Ordinary Shares Revised Number of New Percentage Warrants and Issued Ordinary Shares Held Interest Relationship to by Director and Director Director's Family Jonathan Holmes Jill McKnight, Wife 81,690 1,099,604 4.00 to Jonathan Holmes Stephen Minion Melanie Minion, Wife 64,190 3,744,825 13.63 to Stephen Minion Nigel Croxford Glynis Croxford, Wife 23,340 801,530 2.91 to Nigel Croxford Gail Mosley Gail Mosley 64,190 2,635,518 9.58 The New Shares have been issued and allotted and rank pari passu with theexisting Ordinary Shares of 1p each in the Company. Trading of the New Shares onAIM is expected to commence on 19 March 2007. The total number of Ordinary Shares in issue following this exercise of warrantswill be 27,518,379. The total number of outstanding warrants is 8,870,000 (including the Babcock &Brown warrant to subscribe for 7,880,000 Ordinary Shares). Enquiries: Bruce Walker, Finance Director Tel: 01753 891 189 END This information is provided by RNS The company news service from the London Stock Exchange