Issue of Equity

14 Aug 2009 07:00

Ashley House plc ("Ashley House" or the "Company")

Exercise of warrants

On Wednesday 12 August 2009, the Company received an application to exercise 660,000 warrants to subscribe for new Ordinary Shares of one pence each (the "New Shares") at an exercise price of 29.99p per share. 

Application has been made for the admission of the New Shares to trading on AIM. These shares will rank pari passu with existing Ordinary Shares in all respects, including the right to receive the final dividend for the year ended 30 April 2009. It is expected that admission will occur at 8.00am on 19 August 2009. The total number of issued Ordinary Shares with voting rights following this exercise of warrants will be 47,754,379.

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