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Issue of Equity

25 Jun 2008 12:58

RNS Number : 5135X

Cavanagh Group PLC

25 June 2008

Cavanagh Group PLC (the "Company")

25 June 2008

Exercise of Options

The board of Cavanagh Group PLC announces that the Company has issued and allotted 6,521 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options with an exercise price of 115p. As a result the Company now has 11,597,047 Ordinary Shares in issue.

An application will be made to the London Stock Exchange for the new ordinary shares, which will rank pari passu with existing ordinary shares, to be admitted to trading on AIM as soon as practicable.

Contacts:

Cavanagh Group plc 01444 475 400

Andrew Fay, Chief Executive

Brewin Dolphin Investment Banking 0845 270 8610

Andrew Emmott

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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