Business
Additional Listing
Additional Listing.
About this update from Restore Plc
[{"type":"text","content":"\n Mavinwood PLC\n25 May 2006\n\n\n25 May 2006\n\nMavinwood plc ('the Company')\n\nAdditional Listing\n\nApplication has been made for 9,772,795 ordinary shares of 0.1p each in the\nCompany ('Ordinary Shares') to be admitted to trading on the AIM market of the\nLondon Stock Exchange ('AIM').\n\nThe new Ordinary Shares represent 50 per cent. of the total deferred\nconsideration of £2,150,015 being paid by the Company pursuant to a sale and\npurchase agreement dated 13 April 2005 under which the Company agreed to\npurchase the entire issued share capital of Restore Group Holdings Limited.\n\n4,642,658 of the new Ordinary Shares are being issued to John Minton, a director\nof the Company, who will as a result hold 4,762,658 Ordinary Shares\nrepresenting 1.4 per cent. of the enlarged issued share capital of the Company.\n\nThese shares rank pari passu with the Company's existing Ordinary Shares and\ndealings are expected to commence on 31 May 2006 on AIM.\n\nContacts:\n\nKevin Mahoney / Mike Vincent\nMavinwood plc\n020 7661 9650\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]