Trading Update
01 Novembre 2010 - 3:25PM
UK Regulatory
TIDMDXR
RNS Number : 3875V
Directex Realisations Plc
01 November 2010
Directex Realisations plc
("DXR" or the "Company")
Trading Update
Barclays Warrants
On 24 October 2008 the Company executed a share warrant instrument (the "Warrant
Instrument") in favour of Barclays Converted Instruments (No.2) Limited
("Barclays"), constituting and regulating warrants to subscribe for up to
3,000,000 ordinary shares in the Company at a subscription price of GBP0.004 per
share (the "Warrants").
On 28 October 2010, the Group and Barclays agreed that the Warrant Instrument be
terminated and the Warrants cancelled on payment by the Company to Barclays of
GBP24,000. This payment has now been made and on receipt by the Company of the
warrant certificate, the Warrants will be cancelled.
For further information:
Directex Realisations plc
Jonathan Lander, Chairman
Tel: + 44 (0) 7634 9700
Libertas Capital Corporate Finance Limited
Sandy Jamieson
Tel: + 44 (0) 7569 9650
This information is provided by RNS
The company news service from the London Stock Exchange
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