Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDaniel Stewart Securities Plc Regulatory News (DAN)

  • There is currently no data for DAN

Loan Conversion

18 Feb 2010 16:01

RNS Number : 3665H
Daniel Stewart Securities PLC
18 February 2010
 



18 February 2010

 

 

Daniel Stewart Securities PLC

 

("Daniel Stewart" or "the Company")

 

LOAN CONVERSION

 

The Board of Daniel Stewart (AIM: DAN.L), stockbroker and corporate finance adviser to smaller and medium-sized companies, is pleased to announce that it has agreed that £250,000 of the £1 million two-year unsecured credit facility, which is provided primarily by FCI A.G., is to be converted into 12,500,000 new Ordinary Shares of 0.25p each ("New Ordinary Shares"). The New Ordinary Shares will be issued at a price of 2p per share.

 

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 24 February 2010. Inclusive of the placing of 25,000,000 new ordinary shares, announced on 16 February 2009 ("Placing Shares"), this increases Daniel Stewart's issued share capital from 337,811,066 to 350,311,066, representing approximately 3.57% per cent. of the enlarged issued share capital of the Company. The Placing Shares are expected to commence trading at 8.00 a.m. on 19 February 2010.

 

 

Further information:

 

Peter Shea, Chief Executive Officer

Daniel Stewart Securities PLC

Tel: 020 7776 6550

Nick Tulloch

Arbuthnot Securities Limited

Tel: 020 7012 2158

Nick Rome/Siobhra Murphy

Bishopsgate Communications

Tel: 020 7562 3366

 

 

Notes to Editors:

 

About Daniel Stewart

 

 

Daniel Stewart Securities is an AIM-listed company providing a range of investment banking services to Small Cap publicly traded and non-publicly traded companies. The Group has two subsidiaries, Daniel Stewart and Company, the Group's principal operating subsidiary, which is authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange, and Daniel Stewart Capital, the Group's leasing and debt financing division.

 

Daniel Stewart is regulated by the FSA, is an AIM Nominated Adviser and PLUS Market corporate adviser, as well as being a regulated broker to both the Official List and AIM. It currently acts for approximately 50 AIM companies and is actively seeking to increase its client base with companies who will benefit from its specialised corporate advisory and institutional stock broking services.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFIRFIITLII
Date   Source Headline
20th Jan 20164:06 pmRNSHolding(s) in Company
19th Jan 20162:47 pmRNSHolding(s) in Company
15th Jan 20165:29 pmRNSUpdate on Suspension
30th Dec 20152:56 pmRNSUnaudited Interim Results
29th Dec 20155:59 pmRNSAppointment of Non-Executive Chairmam
24th Dec 201511:35 amRNSIssue of Equity - Conversion of Bond
21st Dec 20152:42 pmRNSUpdate on Suspension and resignation of Nomad
14th Dec 201510:02 amRNSDirectorate Change
17th Nov 20151:28 pmRNSIssue of Convertible Bonds
11th Nov 20151:20 pmRNSUpdate on Placing
6th Nov 20154:38 pmRNSHolding(s) in Company
2nd Nov 20157:00 amRNSDirectorate Change
23rd Oct 201512:02 pmRNSSuspension Update
1st Oct 20157:30 amRNSSuspension - Daniel Stewart Securities plc
1st Oct 20157:00 amRNSStatement re. Suspension
28th Sep 20155:21 pmRNSUpdate re: FY 2015 Results
22nd Sep 20155:11 pmRNSChange of Registered Office
10th Jul 20157:00 amRNSNon-Executive Director Appointed
25th Jun 20159:46 amRNSSubscription to raise £1.2million
16th Jun 201510:32 amRNSStatement re share price rise
11th May 20157:30 amRNSRestoration - Daniel Stewart Securities Plc
8th May 20154:49 pmRNSNomad appointed and trading to resume
1st May 20158:00 amRNSStatement re. Suspension
1st May 20157:30 amRNSSuspension - Daniel Stewart Securities Plc
23rd Apr 201511:57 amRNSHolding(s) in Company
17th Apr 201510:46 amRNSHolding(s) in Company
17th Apr 201510:44 amRNSHolding(s) in Company - replacement
17th Apr 20157:00 amRNSResignation of Nominated Adviser
16th Apr 20154:38 pmRNSIssue of Equity - Conversion of Epsilon Bond
16th Apr 20154:35 pmRNSHolding(s) in Company
15th Apr 20157:00 amRNSTrading and Business update
9th Apr 201511:28 amRNSResult of AGM
1st Apr 201512:50 pmRNSHolding(s) in Company
31st Mar 20152:33 pmRNSHolding(s) in Company
31st Mar 20151:54 pmRNSStmnt re Share Price Movement
6th Mar 20159:15 amRNSRestoration - Daniel Stewart Securities Plc
6th Mar 20159:05 amRNSRestoration of Listing
6th Mar 20157:00 amRNSAnnual Financial Report and Notice of AGM
29th Jan 20157:00 amRNSFundraising and Regulatory Capital Resolution
23rd Dec 20143:36 pmRNSHalf Year Results
22nd Dec 20143:56 pmRNSUnaudited Preliminary Results
12th Dec 20143:58 pmRNSResponse to Press Speculation and Update
28th Nov 20144:00 pmRNSNominated Adviser licence
6th Nov 201412:48 pmRNSResult of GM and Update on Suspension
14th Oct 20147:00 amRNSCircular and Notice of General Meeting
7th Oct 20143:59 pmRNSUpdate re Suspension
1st Oct 20147:30 amRNSSuspension - Daniel Stewart Securities Plc
1st Oct 20147:00 amRNSShare Suspension
1st Aug 20143:20 pmRNSRe Order Book for Retail Bonds
9th Jul 20147:00 amRNSTrading Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.