16 Dec 2010 07:00
16 December 2010
NATURE GROUP PLC
("Nature Group" or the "Company")
Issue of Equity
The Board of Nature Group, the AIM quoted provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, is pleased to announce that, further to its announcement on 13 December 2010 of the Acquisition of International Slop Disposal (I.S.D.) B.V. ("ISD") and Ecoscrub Solutions B.V. ("Ecoscrub") and a shareplacing, 38,000,000 new Ordinary Shares ("New Ordinary Shares") have now been issued.
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will be effective and that dealings in the new Ordinary Shares will take place on 21 December 2010.
The New Ordinary Shares will rank in full for all dividends and otherwise pari passu with the Company's existing Ordinary Shares from the date of Admissionsave that the New Ordinary Shares being issued to Portinvest as consideration for the acquisition of ISD and Ecoscrub will not participate in any dividend or distribution declared in respect of the financial year ending 31 December 2010.
For further information please visit www.naturegroup.org or contact one of the following:
Nature Group Plc Richard Eldridge, Chairman Nigel Sandy
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01841 533 611 01373 473 995 |
Northland Capital Partners (Nominated Adviser) Shane Gallwey Rod Venables
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020 7492 4750 020 7492 4750
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WH Ireland (Broker) Sebastian Wykeham Ruari McGirr |
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020 7220 0473 020 7220 1666
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Hermes Financial PR Chris Steele Trevor Phillips |
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07979 604 687 07889 153 628 |