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Issue of Equity

13 Jun 2008 09:23

RNS Number : 6469W
Nviro Cleantech plc
13 June 2008
 



13 June 2008

Nviro Cleantech plc

("Nviro" or "the Company")

Exercise of Options

Nviro Cleantech plc (AIM:NVR), announces that has issued 50,000 new ordinary shares in the Company following an exercise of options at an exercise price of 10 pence per share for a total of £5,000. The exercise is by a former employee who left the Company in 2007. Application will be made for these new ordinary shares to be admitted to trading on AIM, which is expected to occur on 18 June 2008.

Following the issue of these new ordinary shares the Company has 43,870,961 ordinary shares in issue. In addition, the Company has 2,510,055 options in issue exercisable at a weighted average price of 37 pence, exercisable until 3 July 2017.

- Ends -

For further information:

Nviro Cleantech plc

Tel: +44 (0) 20 7451 2473

www.nvirocleantech.com

Chris Every, Chief Executive Officer

cevery@nvirocleantech.com 

Grant Thornton Corporate Finance

Nominated Adviser

Tel: +44 (0) 20 7383 5100

Fiona Owen

Fairfax I.S. PLC 

Broker

Tel: +44 (0) 20 7598 5369

www.fairfaxplc.com

Ewan Leggat

eleggat@fairfaxis.com

Media Enquiries:

Abchurch

www.abchurch-group.com

Justin Heath/Franziska Boehnke/Monique Tsang

Tel: +44 (0) 20 7398 7712

monique.tsang@abchurch-group.com

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