Exercise of Warrants
April 29 2010 - 4:00AM
UK Regulatory
TIDMCLTV
RNS Number : 0006L
Cellcast plc
29 April 2010
29 April 2010
Cellcast plc
("Cellcast" or the "Company")
Exercise of Warrants
Cellcast plc announces that on 27 April 2010 Headstart Funds ("Headstart") have
exercised 500,000 warrants over new ordinary shares of 1p each in Cellcast at an
exercise price of 2.75 pence per share. Prior to the exercise of the warrants
Headstart held no shares in Cellcast. Application will be made for the 500,000
new ordinary shares in Cellcast to be admitted to trading on AIM ("Admission")
and it is expected that Admission will take place on or around 05 May 2010.
On Admission Cellcast will have 76,013,524 ordinary shares of 1p each in
issue.This figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the share capital of the
Company under the Financial Services Authority's Disclosure and Transparency
Rules.
For further information:
+------------------------------+--------------------------------------+
| Cellcast plc | |
+------------------------------+--------------------------------------+
| Andrew Wilson, CEO | Tel: +44 (0) 20 7190 0300 |
+------------------------------+--------------------------------------+
| andrew@cellcast.tv | www.cellcast.tv |
+------------------------------+--------------------------------------+
| | |
+------------------------------+--------------------------------------+
| Allenby Capital | |
| Limited | |
+------------------------------+--------------------------------------+
| Nick Naylor / James | Tel: +44 (0) 20 3328 5656 |
| Reeve | |
+------------------------------+--------------------------------------+
| n.naylor@allenbycapital.com | www.allenbycapital.com |
+------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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