Issue of Equity
September 26 2003 - 12:38PM
UK Regulatory
RNS Number:2561Q
Creative Education Corp Plc
26 September 2003
For immediate release on Friday 26 September 2003
Creative Education Corporation Plc (the "Company")
ADMISSION OF SHARES
The Directors are pleased to announce that on Thursday 25 September the Company
completed the placing of 8,100,000 new ordinary of 1p each at 5 pence which
raised a total of #405,000.
In addition loan notes held by those below were converted into 6,700,000 new
ordinary of 1p each at 5 pence on Thursday 25 September. Details of the loan
notes were set out in the Company's Admission Document of April 2003:
Name Number of shares Amount (#)
John Baker Consultancy 2,600,000 130,000
Shortlands Investments Limited 4,100,000 205,000
John Baker and Laurence Davis now hold 22.91% and 22.34% respectively.
An application for the 14,800,000 new Common Shares to be admitted to trading on
the Alternative Investment Market has been made with the London Stock Exchange.
Dealings in these shares are expected to commence on Thursday 2 October 2003.
The shares will rank pari passu with existing shares in issue.
END
26 September 2003
This information is provided by RNS
The company news service from the London Stock Exchange
END
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