Issue of Equity
September 20 2007 - 6:10AM
UK Regulatory
RNS Number:1745E
Ovidia Investments PLC
20 September 2007
For immediate release 20 September 2007
Ovidia Investments PLC ("the Company")
Issue of Equity
The Company has received a conversion notice from Cairns Investment Management
("Cairns") for a total of 2,500,000 ordinary 0.1p shares in the Company at the
conversion rate of 1p per share, pursuant to the Loan Note Issues as set out in
the announcement of 9 July 2007.
Application will be made for the new ordinary shares, which will rank, pari
passu, with all existing ordinary shares to be admitted to trading on AIM.
Following the conversion, Cairns will own 4,645,044 ordinary shares, or 29.045%
of the issued ordinary share capital.
Enquiries:
Nigel Weller 07769 906 906
Ovidia Investments PLC
Roland Cornish 0207 628 3396
Beaumont Cornish Limited
This information is provided by RNS
The company news service from the London Stock Exchange
END
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