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20 Jun 2008 16:27
Enova Systems, Inc
Enova Systems, Inc ("Enova" or the "Company") today announces that it has applied to AIM for the following shares to be transferred from the Reg S line, trading under ENVS, to the unrestricted line trading under ENV.
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Description of Security
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Old Ticker Symbol
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New Ticker Symbol
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No. of Shares
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Common Shares of no par value
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ENVS
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ENV
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109,555
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No new shares have been issued and the transfer arises by virtue of the expiration of the restrictions on the stock under U.S. securities law. Following the transfer of these shares, the total number of Common Shares issued and outstanding will remain 20,618,774.
All Common Shares carry the same rights and privileges and are freely tradeable through the AIM Market, but ENV shares are eligible for electronic settlement through CREST and ENVS shares remain certificated.
Dealings in the shares under the new ticker symbol are expected to commence on 26 June 2008.
For further details
Enova Systems, Inc Tel: +1 310 527 2800
Mike Staran, President and Chief Executive Officer/Jarett Fenton, Chief Financial Officer
Investec as Nominated Advisor to the Company Tel: 020 7597 5970
Michael Ansell / Paul Brett
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