16 Jul 2009 07:00
16 July 2009
Canisp Plc
(Canisp or 'the Company')
Application to AIM following share division
Canisp (AIM:CN.), today announces that following the approval of its shareholders at the Company's annual general meeting on 23 June 2009 of the share division of all existing issued and unissued ordinary shares in the capital of the Company ("Ordinary Shares") of 1p each into one Ordinary Share of 0.1p each and nine deferred shares of 0.1p each, application has been made for 151,547,275 Ordinary Shares of 0.1p each to be admitted to trading on AIM.
Admission of these 151,547,275 Ordinary Shares of 0.1p each is expected to occur at 8.00 am on 21 July 2009. Following this issue and the issue of the 50,000,000 Ordinary Shares of 0.1p each announced on 10 July 2009, there will be 201,547,275 Ordinary Shares of 0.1 pence each in issue, each of which are voting shares.
Enquiries:
Nominated advisor and broker:
Neil Johnson/Andrew Chubb, Canaccord Adams Limited tel: +44 (0) 207 050 6500
John Bick, Hansard Group tel: +44(0) 7872 061007