Dir S'hldg/Issue of Equity

31 Aug 2006 15:50

Celtic PLC31 August 2006 CELTIC PLC SCRIP DIVIDEND REINVESTMENT SCHEME Celtic plc confirms that 164,042 new Ordinary Shares of 1p each will be issuedon 31 August 2006 in respect of mandates received from holders of ConvertibleCumulative Preference Shares ("CCP Shares") and Convertible Preferred OrdinaryShares ("CPO Shares") participating in the Company's scrip dividend reinvestmentscheme. The average mid market prices used under the scheme rules for calculatingentitlements under the scheme for CCP Shares and CPO Shares were 24.10p and26.90p respectively, at the relevant record dates. Application has been made for the new Ordinary Shares to be issued under thescheme to be admitted to listing on AIM on 1 September 2006. the new OrdinaryShares will rank pari passu in all respects with existing Ordinary Shares The holdings of two of the Company's directors, Brian Quinn and Eric Riley, willincrease as a result of their participation in the scheme. Mr Quinn's holding ofOrdinary Shares will increase by 333 shares to 76,450 shares (0.09 %). MrRiley's holding of Ordinary Shares will increase by 2,180 shares to 74,547shares. (0.09%) This information is provided by RNS The company news service from the London Stock Exchange