Business
Issue of Equity
Issue of Equity.

About this update from Hellenic Dynamics Plc
[{"type":"text","content":"\n RNS Number : 9820R Mountfield Group plc 01 September 2010 \n \n\n \n \nPress Release 01 September 2010\n \nMountfield Group plc\n \n(\"Mountfield\" or the \"Company\")\n \nIssue of Equity and Appointment of Consultant\n \n \nMountfield Group Plc (AIM:MOGP), the AIM listed construction group, announces that it has issued 4,000,000 new ordinary shares of 0.1p each (\"Ordinary Shares\") at an issue price of 3p per share to Peter Frohlich, who will join the Company as a Consultant. Application has been made for the shares to be admitted to trading on AIM with admission expected to take place on 7 September 2010. Following the issue of the new shares there will be 175,311,787 shares in issue\n \nThe Board of Mountfield look forward to Peter Frohlich's involvement in the Company, Peter Frohlich is a respected figure in the property sector; He is a retired Chartered Certified Accountant and has been involved in the property business for over 40 years.\n \nGraham Read the CEO of Mountfield Group plc said \"Peter brings with him a wealth of experience having been closely involved in a number of high profile property projects and has excellent and extensive experience in the commercial and residential property sectors and property finance. As a diversified building contract group, Mountfield look forward to leveraging this experience as it continues to develop opportunities in a broad range of construction work projects. \n \n \n \nFor further information:\n \n\n\n\n\nMountfield Group plc\nGraham Read, Chief Executive Officer \nPeter Jay, Executive Chairman\nwww.mountfieldgroupplc.com\n \n\n\nTel: +44 (0) 12 6856 1516\n\n\n\n\nArbuthnot Securities Limited\nTom Griffiths \nEd Gay\n \n\n\nTel: +44 (0) 20 7012 2000\n\n\n\n\nMedia enquiries:\n \nHudson Sandler\nNathan Field\[email protected]\n \n\n\n \n \nTel: +44 (0) 20 ...