Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInspirit Energy Regulatory News (INSP)

  • This share is currently suspended. It was suspended at a price of 0.0019
  • There is currently no data for INSP

Issue of Equity

7 Jun 2010 16:17

RNS Number : 1950N
Kleenair Systems International PLC
07 June 2010
 



KLEENAIR SYSTEMS INTERNATIONAL PLC

(AIM: KSI)

 

Issue of Equity

Kleenair Systems International Plc ("Kleenair" or "the Company") announces that Global Investment Strategy (UK) Ltd ("GIS") has agreed to convert a further £161,000 of the outstanding debt into 1,610,000 ordinary shares of 1 pence each ("Ordinary Shares"). These shares have been placed with unconnected third parties to GIS. The third parties with a discloseable interest are as follows:

 

Name

New Shares

Revised Holding

% of enlarged share capital

Basinco Holdings

 216,666

216,666

13.8

Userino Holdings

 833,333

833,333

27.6

John Gunn

 500,001

500,001

16.5

 

Following this conversion the outstanding secured convertible debt held by GIS ("the Loan Note") is £64,429, convertible into a further, 644,286 new Ordinary Shares. Under the Loan Note agreement the total maximum amount which may be advanced to Kleenair is £440,000. Currently the total amount advanced to Kleenair is £338,502 of which GIS has converted £274,073 worth.

 

Application for these shares to be admitted to trading on AIM has been made and is expected to occur on 11 June 2010. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. Following this issue the Company will have 3,024,546 Ordinary Shares of 1 pence each in issue.

 

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R), the Company confirms that, following this issue, its issued share capital comprises 3,024,546 Ordinary Shares of 1 penny each, 400,932 Deferred Shares of 99 pence each and 122,120 B Ordinary Shares of 1 penny each. The Deferred Shares and B Ordinary Shares have no voting rights. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 3,024,546. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

Contacts:

Kleenair Systems International plc

www.kleenairsystems.co.uk

Sarah Pozner, Company Secretary

+44 (0) 207 736 3498

Biddicks

www.biddicks.co.uk

Zoë Biddick

+44 (0) 20 7448 1000

WH Ireland Limited

www.wh-ireland.co.uk

JN Wakefield / Marc Davies

+44 (0) 117 945 3470

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEEDLFBBQFFBBQ
Date   Source Headline
3rd Jul 20128:16 amRNSIssue of Equity (Replacement)
2nd Jul 201212:33 pmRNSIssue of Equity
26th Mar 201212:00 pmRNSHalf Yearly Report
28th Feb 20122:26 pmRNSChange of Registered Office
13th Jan 20123:00 pmRNSDirectorate Change
13th Dec 201112:06 pmRNSResult of AGM
18th Nov 20117:00 amRNSFinal Results
15th Nov 20112:35 pmRNSDirectorate Changes
24th Oct 20115:07 pmRNSIssue of Equity (Replacement)
20th Oct 201111:59 amRNSIssue of Equity
10th Oct 20117:00 amRNSDirectorate Change
2nd Jun 20117:00 amRNSDirectorate Change
27th Apr 20117:00 amRNSGrant of Options
20th Apr 20117:00 amRNSIssue of Equity
6th Apr 201111:30 amRNSExercise of Option in relation to CLNs
31st Mar 20117:00 amRNSInterim Results
8th Mar 20117:00 amRNSIssue of Equity
13th Jan 20117:00 amRNSInspirit acquires mCHP technology IP
6th Jan 20117:00 amRNSInvestment in Inspirit Energy Limited
13th Dec 20101:15 pmRNSResult of AGM
19th Nov 20104:00 pmRNSAnnual Report and Accounts and AGM Notice
11th Nov 20105:25 pmRNSIssue of Equity (Replacement)
11th Nov 20107:00 amRNSIssue of Equity
29th Oct 20105:33 pmRNSIssue of Equity (Replacement)
29th Oct 20107:00 amRNSGAD Approval Process
26th Oct 201012:00 pmRNSIssue of Equity
26th Oct 201012:00 pmRNSIssue of Equity
5th Oct 20101:15 pmRNSHolding(s) in Company
17th Sep 201012:00 pmRNSDirectorate Change
23rd Aug 20107:00 amRNSInvestment in Inspirit Limited
16th Aug 20108:43 amRNSFinal Results (Replacement)
16th Aug 20107:00 amRNSFinal Results
11th Aug 20104:07 pmRNSChange of Website Address
3rd Aug 201012:30 pmRNSResult of GM
9th Jul 20101:00 pmRNSNotice of General Meeting
1st Jul 20107:00 amRNSExercise of Option in relation to CLNs
23rd Jun 20101:00 pmRNSConvertible Secured Loan Note Instrument
21st Jun 20103:15 pmRNSExercise of Option in relation to Convertible Loan
7th Jun 20104:17 pmRNSIssue of Equity
14th Apr 201011:00 amRNSChange of Registered Office
6th Apr 20104:00 pmRNSIssue of Equity
31st Mar 201011:00 amRNSHalf Yearly Report
16th Mar 20103:06 pmRNSExercise of Option in relation to CLNs
19th Jan 20104:08 pmRNSIssue of Equity
14th Jan 20103:44 pmRNSIssue of Equity
13th Jan 20103:16 pmRNSDirector Appointment & Change of Registered Office
12th Jan 20104:51 pmRNSHolding(s) in Company
12th Jan 20104:47 pmRNSHolding(s) in Company
12th Jan 20104:46 pmRNSHolding(s) in Company
12th Jan 20104:44 pmRNSHolding(s) in Company

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.