Directors' Dealing
December 05 2006 - 10:21AM
UK Regulatory
RNS Number:2976N
Ashton Penney Holdings PLC
05 December 2006
FOR IMMEDIATE RELEASE 05 December 2006
ASHTON PENNEY HOLDINGS PLC
(the "Company" or "Ashton Penney")
Subscription
The Company announces that Mr Colin Maitland, a Director of the Company, has
subscribed for 2,000,000 new ordinary shares of 1p each ("Ordinary Shares") at
a subscription price of 5p per Ordinary Share. This raises a further #100,000
of working capital for the development of the Group. The Directors, other than
Mr Maitland, having consulted the Company's Nominated Adviser, consider that
the terms of the transaction are fair and reasonable insofar as the
shareholders of the Company are concerned.
The new ordinary shares being issued will rank pari passu with the existing
ordinary shares in issue and application will be made for these shares to be
admitted to trading on AIM.
- END -
For further information:
AshtonPenney Tavistock Communications Beaumont Cornish
James Wheeler, CEO Paul Dulieu Roland Cornish
Tel: 020 7337 6900 Tel: 020 7920 3150 Tel: 020 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
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