Issue of Equity
28 Novembre 2007 - 8:02AM
UK Regulatory
RNS Number:6288I
Xpertise Group PLC
28 November 2007
Xpertise Group PLC
("Xpertise" or "the Company")
Issue of Equity
The Board of Xpertise announces that, in accordance with a Loan Note Instrument
dated 30 June 2003, Singer & Friedlander Investment Management Limited ("Singer
& Friedlander") has notified the Company that it wishes to convert #200,000 of
Subordinated Unsecured Convertible Loan Notes 2008 into new Ordinary Shares on
the basis of the allotment and issue to Singer & Friedlander of one fully paid
new Ordinary Share of 8p in the Company for every 60p of fully paid up
Subordinated Unsecured Convertible Loan Note, such allotment and issue to be in
full and final satisfaction and the cancellation of all principal monies in
respect of the Loan Notes.
Accordingly, an application has been made for 333,333 new Ordinary Shares to be
admitted to trading on AIM and it is expected that admission will take place on
30 November 2007.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
of 8p each in the Company. Following this allotment, the total issued share
capital of the Company will increase to 5,633,949. All of these Ordinary Shares
carry voting rights.
Enquiries:
Xpertise Group PLC
Ian Johnson (Managing Director) Tel: 0113 382 6150
Daniel Stewart & Company plc
Lindsay Mair Tel: 020 7776 6550
This information is provided by RNS
The company news service from the London Stock Exchange
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