Share Issue (5208L)
August 02 2011 - 2:00AM
UK Regulatory
TIDMMIN
RNS Number : 5208L
Minoan Group PLC
02 August 2011
2 August 2011
Minoan Group Plc
("Minoan" or the "Company")
Share Issue
In order to satisfy certain existing commitments, Minoan has
agreed to issue 4,032,573 new ordinary shares of 1p each in the
Company at 15 pence per share.
The Directors' beneficial shareholdings are 1,841,223 ordinary
shares, representing 1.97% of the issued share capital as enlarged
following this share issue.
Application has been made for the 4,032,573 new ordinary shares
to be admitted to trading on AIM ("Admission") and it is expected
that Admission will be effective from 8 August 2011. Following
Admission, there will be a total of 93,688,094 ordinary shares in
issue. This figure may be used by shareholders 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, Minoan under the FSA's Disclosure and Transparency Rules.
For further information visit www.minoangroup.com or
contact:
Minoan Group Plc
Christopher Egleton christopher.egleton@minoangroup.com
Bill Cole 020 8253 4305
Seymour Pierce Limited 020 7107 8000
Nicola Marrin/David Foreman (Corporate Finance)
Marianne Woods (Corporate Broking)
Rivington Street Corporate Finance Limited 020 7562 3384
Dru Edmonstone
Bishopsgate Communications Limited 020 7562 3350
Nick Rome/Michael Kinirons
This information is provided by RNS
The company news service from the London Stock Exchange
END
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