Business
Conversion of Shares
Conversion of Shares.
About this update from Volvere Plc
[{"type":"text","content":"\n RNS Number : 5233Y Volvere PLC 23 December 2010 \n \n\n23 December 2010\nVolvere plc (\"Volvere\" or the \"Company\")\n \nConversion of Shares\n \nVolvere announces that a board meeting held on 22 December 2010 it issued and allotted 84,914 new ordinary shares of GBP0.0000001 each (\"Shares\") arising from the conversion of 8,568 A shares of GBP0.49999995 each and 8,568 B shares of GBP0.49999995 each.\n \nApplication has been made for admission of the new ordinary shares to trading on AIM, which is expected to take place on 30 December 2010.\n \nFollowing the above conversion of shares the number of Shares in issue (excluding treasury shares) and the figure to be used as the denominator for calculations of interests in the Company's voting rights, will be 5,496,300 Shares. The Company also has in issue 41,167 A shares of GBP0.49999995 each, 41,167 B shares of GBP0.49999995 each and 856,799,065,194 Deferred shares, none of which are admitted to trading on AIM.\n \nFor further information contact:\n \nVolvere plc 020 7634 9707\nJonathan Lander, CEO\nNick Lander, COO\n \nArbuthnot Securities 020 7012 2000\nNick Tulloch / Ed Gay\n \nENDS\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CONUOUARRSAUUAA \n ","length":2750,"tagName":"div"}]