Issue of Equity
April 01 2005 - 7:00AM
UK Regulatory
RNS Number:4825K
Wigmore Group (The) PLC
01 April 2005
The Wigmore Group plc
(the "Company")
Burnbrae Limited exercise of Convertible Redeemable Loan Notes
Burnbrae Limited ("Burnbrae") has agreed to strengthen the Company's balance
sheet by exercising its conversion rights in respect of its entire holding of
7.2% convertible redeemable loan notes in a principal amount of #700,000. One
hundred ordinary shares will be issued for every 11p nominal of the loan
converted, such that the Company will issue 636,363,636 new Ordinary Shares to
Burnbrae.
For further information please contact:
Paul Doona
Executive Chairman 01624 629699
Jonathan Naess
Nabarro Wells 0207 710 7400
This information is provided by RNS
The company news service from the London Stock Exchange
END
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