Avacta Group plc
Admission of Supplementary Consideration Shares
Further to the announcement of 8 August 2006, Avacta Group plc ("Avacta" or the
"Company") is pleased to announce the acquisition of the Avacta Option Shares
issued upon the exercise of the Avacta Options pursuant to the Supplemental
Acquisition Agreement.
The consideration for the Avacta Option Shares has been satisfied by the
allotment and issue of 24,469,898 new Ordinary Shares of the Company which have
been admitted to trading on AIM today. The new Ordinary Shares represent
approximately 3.66% of the enlarged issued share capital of the Company which
now totals 669,327,344 Ordinary Shares.
Following Admission, Daron Lee no longer has a notifiable interest in the
Company and the interests of certain directors are as follows:
Director Number of Ordinary Shares Percentage of Enlarged
Share Capital
Professor Alastair Smith 49,217,468 7.35
Simon Webster 48,624,258 7.26
Kurt Baldwin 48,624,258 7.26
All terms used in this announcement are defined as set out in the Admission
Document dated 13 July 2006.
9 August 2006
Enquiries:
Avacta Group plc Tel: 0870 835 4367
Alastair Smith, Chief Executive
WH Ireland Limited Tel: 0161 832 2174
David Youngman, Director, Corporate Finance
Nexus Financial Ltd Tel: 020 7451 7050
Nicholas Nelson, Director nicholas.nelson@nexusgroup.co.uk