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Amendment to Warrant exercise price

8 Apr 2011 14:25

RNS Number : 5996E
Bidtimes PLC
08 April 2011
 

8 April 2011

 

Bidtimes PLC

("Bidtimes" or "the Company")

 

Amendment to Warrant exercise price

 

Further to the announcement dated 1 April 2011, the Directors of Bidtimes have resolved that the exercise price of the Warrants to be issued to holders of ordinary shares in the Company on the register of members at close of business on 31 March 2011, following the approval of certain resolutions at the General Meeting and the Capital Reorganisation, be reduced from 20p to 18p per New Ordinary Share. All the other terms of the Warrants remain the same.

Definitions used in this announcement are the same as those used in the announcement dated 1 April 2011.

 

Contact:

 

Bidtimes plc T:+44 (0) 20 7887 1362

Julian Moore, Non-Executive Director

 

Merchant Securities Limited T: +44 (0) 20 7628 2200

David Worlidge

Simon Clements

This information is provided by RNS
The company news service from the London Stock Exchange
 
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