Business
Issue of new equity and total voting rights
Issue of new equity and total voting rights.
About this update from Tooru Plc
[{"type":"text","content":"\n \nRNS Number : 7741G Viridas PLC 17 May 2011 \n \n\nViridas plc\n(\"Viridas\" or the \"Company\")\n \nIssue of new equity and total voting rights\n \nViridas announces that following the General Meeting of shareholders held on 10 May, the holders of the convertible loan notes described in the circular to shareholders of 7 April 2011 have notified the Company that they wish to convert such notes into 420,000,000 New Ordinary Shares.\n \nApplication for admission to AIM of these 420,000,000 New Ordinary Shares (\"Admission\") has therefore been made and it is anticipated that such Admission will occur on 18 May at 7.00 a.m. Following the conversion there will be no other convertible loan notes outstanding.\n \nTotal voting rights\n \nFollowing Admission, the Company's issued share capital will comprise 452,857,956 ordinary shares of 0.1 pence each with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 452,857,956.\n \nThis figure of 452,857,956 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.\n \n-ends-\n \nFor more information please contact:\n \n\n\n\n\nViridas plc:\nNicholas Lee, non-executive director\n\n\n+44 (0) 7973 616 952\n\n\n\n\nNominated Adviser:\nArbuthnot Securities\nAntonio Bossi / Paul Gillam\n\n\n+44 (0) 20 7012 2000\n\n\n\n\nBroker to the Placing:\nRivington Street Corporate Finance\nDru Edmonstone\n\n\n+44 (0) 20 7562 3384\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END IOELLFESEVIDLIL \n ","length":3806,"tagName":"div"}]