Business
Conversion of Securities
Conversion of Securities.
About this update from R.e.a. Holdings Plc
[{"type":"text","content":"\n R.E.A.Hldgs PLC\n09 October 2006\n\nR.E.A. Holdings plc (the 'company')\n\nOn 3 October 2006, the company announced it had received notices from holders of\n371,918 warrants exercising the subscription and conversion rights attaching to\nthose warrants ahead of the final exercise date of 29 September.\n\nAccordingly the company allotted 371,918 ordinary shares of 25p which were\nadmitted to the Official List of the UK Listing Authority and to trading on the\nLondon Stock Exchange's market for listed securities on 9 October 2006\n\nAs a result of the exercise of warrant rights and allotment of ordinary shares\nreferred to above, the company has received notification of changes in interests\nin the company of the following two directors and person discharging managerial\nresponsibility:\n\nName of No of warrants No of ordinary Total no Percentage of\ndirector exercised at 60p shares allotted of ordinary shares in\n per ord. share ordinary issue\n shares\n held\nR M Robinow 91,555 91,555 105,000 0.34%\nJ M Green-Armytage 21,000 21,000 80,704 0.26%\n\nName of PDMR\nR E Landon 17,000 17,000 54,336 0.18%\n\n\nThe company has also received notification of a change in interest in the\ncompany of the following shareholder with a major interest:\n\nName of No of No of Total no of Registered Percentage of\nholder warrants ordinary ordinary holder of ord. ord. shares in\n exercised shares shares held shares held issue\n allotted\nEmba \nHoldings 41,420 41,420 9,925,000 Emba Holdings 32.22%\nLimited Ltd 779,612\n Perry Nominees\n Ltd 9,145,388\n\nHolders of 266,031 warrants have not exercised their subscription and conversion\nrights and it is expected that such warrants will be exercised on their behalf\nby the company by 30 October 2006, sold and the net proceeds after deduction of\n60p per warrant distributed.\n\nAs a result Mr R M Robinow's interest in 17,745 warrants will cease.\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n FFE \n ","length":2823,"tagName":"div"}]