19th Sep 2011 17:13
19 September 2011
Premier Management Holdings plc
("Premier" or the "Company")
Issue of Equity
Premier Management, the Central Asia-focused natural resources investment company, announces today that on 14 September 2011, pursuant to a warrant deed to subscribe for ordinary shares of 0.01 pence each in the Company ("Shares") dated 27 October 2010, SVS (Nominees) Limited exercised a right to subscribe for 916,682 Shares at an exercise price of 1 pence per Share.
Application has been made for the 916,682 new ordinary shares to be admitted to trading on the AIM Market of the London Stock Exchange ("AIM") and it is expected that they will be admitted to trading on AIM at 8.00 a.m. on 23 September 2011. The Shares will rank pari passu with all existing shares.
Following admission of the new ordinary shares the total number of shares in issue will be 528,745,125.
Enquiries:
Premier Management Holdings Plc | |
Gerry Desler, Chairman | Tel: +44 (0) 1279 731037 |
Libertas Capital Corporate Finance Limited - Nominated Adviser | |
Thilo Hoffmann / Sandy Jamieson | Tel: +44 (0) 20 7569 9650 |
Rivington Street Corporate Finance - Broker | |
Dru Edmonstone | Tel: +44 (0) 20 7562 3384 |
M: Communications | |
Ben Simons / Maria Souvorov | Tel: +44 (0) 20 7920 2340 |
Related Shares:
PXOG.L