Mavinwood PLC
25 May 2006
25 May 2006
Mavinwood plc ('the Company')
Additional Listing
Application has been made for 9,772,795 ordinary shares of 0.1p each in the
Company ('Ordinary Shares') to be admitted to trading on the AIM market of the
London Stock Exchange ('AIM').
The new Ordinary Shares represent 50 per cent. of the total deferred
consideration of £2,150,015 being paid by the Company pursuant to a sale and
purchase agreement dated 13 April 2005 under which the Company agreed to
purchase the entire issued share capital of Restore Group Holdings Limited.
4,642,658 of the new Ordinary Shares are being issued to John Minton, a director
of the Company, who will as a result hold 4,762,658 Ordinary Shares
representing 1.4 per cent. of the enlarged issued share capital of the Company.
These shares rank pari passu with the Company's existing Ordinary Shares and
dealings are expected to commence on 31 May 2006 on AIM.
Contacts:
Kevin Mahoney / Mike Vincent
Mavinwood plc
020 7661 9650
This information is provided by RNS
The company news service from the London Stock Exchange