Exercise of Warrants
October 14 2010 - 5:02AM
UK Regulatory
TIDMAPI
14 October 2010
API Group plc
Exercise of warrants
API Group plc ("API" or the "Company"), the specialist foils and packaging
materials group, announces that it has received a request to exercise warrants
at 1p per ordinary share by Barclays Bank Plc. Application has been made for
the admission to trading on AIM of 3,506,336 ordinary shares of 1p, with
admission expected to take place on 15 October 2010.
The exercise of these warrants represents 100% of the total warrants granted to
Barclays Bank plc as part of the 3.5 year re-financing arrangements concluded in
November 2009.
Following the admission of these ordinary shares, the Company will have
76,633,062 ordinary shares in issue, of which 3,058,221 (4.0%) are held by the
API Group plc No 2 Employee Benefit Trust.
For further information, please contact:
API Group plc Tel: +44 (0) 1625 650334
Andrew Turner, Group Chief Executive
Chris Smith, Group Finance Director
Jane Hyndman, Company Secretary
Grant Thornton Corporate Finance Tel: +44 (0)20 7383 5100
Philip Secrett / Colin Aaronson
Numis Corporate Broking Tel: +44 (0)20 7260 1000
James Serjeant
[HUG#1451914]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: API Group PLC via Thomson Reuters ONE
Abrdn Property Income (LSE:API)
Historical Stock Chart
From Jun 2024 to Jul 2024
Abrdn Property Income (LSE:API)
Historical Stock Chart
From Jul 2023 to Jul 2024