Business
Conversion of Securities
Conversion of Securities.
About this update from Impax Asset Management Group Plc
[{"type":"text","content":"\n Impax Group PLC\n03 March 2006\n\n\n Impax Group plc\n\nDuring February 2006 the Company received conversion notices from holders of\n£96,158 nominal of the 5.5 per cent. Convertible Unsecured Loan Stock 2009\n('Stock'). Accordingly it has allotted 2,115,476 Ordinary Shares of 1p, subject\nto admission of the shares to trading on the Alternative Investment Market of\nthe London Stock Exchange ('AIM').\n\nApplication has been made to the London Stock Exchange for admission of the\n2,115,476 Ordinary Shares to AIM. It is expected that admission will become\neffective and trading will commence on 10 March 2006. Following conversion and\nallotment the Company will have £2,346,748 nominal of Stock outstanding and\n47,820,642 Ordinary Shares in issue.\n\n3 March 2006\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1038,"tagName":"div"}]