Secure Property Development & Investment PlcLSE: SPDI

Conversion of Bond

RNS Number : 3097U
Aisi Realty Public Limited
20 December 2011
 

20 December 2011

Aisi Realty Public Limited
("Aisi" or "the Company")

Conversion of Bond

The Board of Aisi Realty Public Limited (AIM:AISI), announces that further to the circular posted to shareholders on 1 July 2011, Narrowpeak Consultants Limited ("Narrowpeak"), has converted bonds subscribed to with an aggregate capital value of $8m to 5,135,000 new ordinary shares of the Company. The conversion price of the bonds is £0.95 and following the conversion, Narrowpeak holds 47.04% of the issued share capital of the Company.

- Ends -

Enquiries:

AISI Realty Public Ltd

 + 380 44 459 3000

Lambros Anagnostopoulos

Seymour Pierce Limited

+ 44 20 7107 8000

Nandita Sahgal / David Foreman - Corporate Finance


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGCBDDLDDBGBG