Business
Issue of Equity on exercise of warrants by dire...
Issue of Equity on exercise of warrants by dire....
About this update from Avation Plc
[{"type":"text","content":"\n \n\n 7 December 2009\n\n AVATION PLC\n (\"Avation\" or the \"Company\")\n\n ISSUE OF SHARES\n\nThe Board of Avation announces that on the 3 December 2009, the Company issued and allotted 13,500\nfully paid new ordinary shares pursuant to the exercise by Giant Mix Enterprises Limited. (a\ncompany in which Mr. Baudinette, a director of Avation, has a beneficial interest) of options at a\nprice of 24.5p pence per ordinary share.\n\nThe Company also issued and allotted 50,000 fully paid ordinary shares in the Company at a price\nof 24.5p pence per ordinary share to Bryant James McLarty as trustee for the McLarty Family A/C,\nMr McLarty is a director of the Company.\n\nAs a consequence there are now a total of 25,619,010 shares in issue and the Directors' interests\nare now 17.5%. Mr Baudinette has a beneficial interest in 620,000 shares representing 2.42% of the\nissued ordinary share capital of the Company. Mr McLarty has a beneficial interest in 57,300\nshares representing 0.22% of the issued ordinary share capital of the Company.\n\n ---ENDS---\n\n The directors take responsibility for the contents of this announcement.\n\nENQUIRES:\n\nAVATION PLC 07783 942 553\nJeff Chatfield, Chairman\n\nADVISOR 020 7628 1128\nFrank Lucas, Loeb Aron & Company\n\nAvation plc\t\t\t\t\t\t\t\t\n\n\t\t\t\t\t\t \n ","length":1779,"tagName":"div"}]