Eco (atlantic) Regulatory News (ECO)

29 Jun 2007 11:05

EcoSecurities Group plc29 June 2007 29 June 2007 ECOSECURITIES GROUP PLC ADMISSION OF NEW ORDINARY SHARES Dublin, Ireland - EcoSecurities Group plc (the "Company") announces that thesubscription agreement between the Company and Credit Suisse International("Credit Suisse"), details of which were announced by the Company on 22 June2007, has today completed. In accordance with the terms of the subscriptionagreement, the Company conditionally allotted 9,241,955 new ordinary shares of€0.0025 each in the capital of the Company (the "New Ordinary Shares") to CreditSuisse at a price of 320 pence per share on 22 June 2006. The New OrdinaryShares represent approximately 9.0 per cent. of the Company's issued sharecapital following allotment of the New Ordinary Shares. The allotment wasconditional on the New Ordinary Shares being admitted to trading on the AIMmarket of the London Stock Exchange plc ("AIM"). The Company is pleased toannounce that the New Ordinary Shares were today admitted to AIM. Dealings inthe New Ordinary Shares are expected to commence immediately. Enquiries: EcoSecurities Group plcSheila Booth, Assistant Company SecretaryTel: +353 1613 9814 Hoare Govett Limited (Nominated adviser and corporate broker to the Company)Hugo FisherLee MortonTel: +44 20 7678 8000 Hoare Govett Limited, which is regulated by the Financial Services Authority, isacting as nominated adviser and corporate broker exclusively for the Company inconnection with the matters set out in this announcement and no-one else andwill not be responsible to anyone other than the Company for providing theprotections offered to clients of Hoare Govett nor for providing advice inrelation to the matters set out in this announcement. Hoare Govett Limited'sresponsibilities as the Company's nominated adviser under the AIM Rules forNominated Advisers will be owed solely to the London Stock Exchange plc and arenot and will not be owed to the Company or to any director or proposed directorof the Company or to any other person. No representation or warranty, expressor implied, is made by Hoare Govett Limited as to any of the contents of thisannouncement. This information is provided by RNS The company news service from the London Stock Exchange