12th Jan 2009 08:04
Accident Exchange Group plc
("Company")
£50m 5.50% Convertible Notes Due 2013
("Convertible Notes")
12 January 2009
As set out in the Company's notice of extraordinary general meeting dated 7 December 2007 and in accordance with the terms and conditions of the Convertible Notes contained in the offering circular dated 4 January 2008 (copies of each being available on the Company's website), the conversion price of the Convertible Notes was subject to adjustment on the first anniversary of their issue.
Accordingly, the Company hereby gives notice that the conversion price of the Convertible Notes is now £0.7541 per Ordinary Share of 5 pence each. The adjusted conversion price took effect on 9 January 2009.
Contact Information
Stephen Jones (Company Secretary) 0870 300 5691
Related Shares:
ACE.L