15th Dec 2010 07:00
Environmental Recycling Technologies plc (the "Company")
Additional listing
The Company today announces that options to subscribe for 100,000 ordinary shares of 2.5 pence in the Company ("Ordinary Shares") have been exercised. The option exercise price was 2.5 pence per new Ordinary Share.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company. Application has been made for the new Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective on 21 December 2010.
Following Admission, the Company will have 489,872,063 Ordinary Shares in issue. The new Ordinary Shares will represent approximately 0.2 per cent. of the issued share capital of the Company immediately following Admission.
15 December 2010
Enquiries:
Environmental Recycling Technologies plc | Tel: 0845 071 1394 |
Roger Baynham (Managing Director) | |
Ken Brooks (Chairman) | |
Evolution Securities | Tel: 020 7071 4300 |
Bobbie Hilliam | |
Patrick Castle |
Related Shares:
ENRT.L