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30 Dec 2009 12:18
CLOSE HIGH INCOME PROPERTIES PLC
Conversion of the Company's 'D' Ordinary Shares into Ordinary Shares
The Board of Close High Income Properties plc (the 'Company') announces that the conversion of 'D' Ordinary Shares into Ordinary Shares has taken place as detailed in the announcement by the Company dated 1 December 2009.
In respect of the conversion of 'D' Ordinary Shares into Ordinary Shares, a total of 9,369,128 new Ordinary Shares of 1p each (the 'New Ordinary Shares') will be issued and these New Ordinary Shares are expected to be admitted to the Official List and dealings to commence on the London Stock Exchange's main market for listed securities on 5 January 2010. Trading in the 'D' Shares is expected to be cancelled with effect from this date.
Following the creation of the 9,369,128 New Ordinary Shares arising from the conversion, the Company's issued share capital will comprise 84,095,207 Ordinary Shares.
For further information contact:
Peter Roscrow or Steven Oliver
Close Investments Limited
020 7426 4000
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