3rd Jul 2007 15:28
Commoditrade Inc.03 July 2007 Commoditrade Inc. ('Commoditrade' or 'the Company') Additional listing Commoditrade announces that application has been made for admission of 6,000,000ordinary shares of 0.1p each ("Ordinary Shares") to trading on AIM. The Ordinary Shares have been issued to Tambelan Company Limited ("Tambelan") asdeferred consideration payable in respect of the acquisition of Tambelan'sinterest in its contract with Sucden (UK) Limited, a UK based commoditiestrading firm ("the Brokerage"), in respect of metals trading by the Brokerage'sLME Trading Team on the London Metal Exchange, following the achievement ofcertain performance criteria. It is expected that admission will become effective and that dealings in theOrdinary Shares will commence on 9 July 2007. Following the issue of these shares, the Company's issued share capital willconsist of 382,273,114 ordinary shares with a nominal value of 0.25p each('Ordinary Share'), with voting rights. The Company does not hold any OrdinaryShares in Treasury. The above figure of 382,273,114 Ordinary Shares may be used by shareholders inthe Company as the denominator for the calculation by which they will determineif they are required to notify their interest in, or a change to their interestin, the share capital of Commoditrade under the FSA's Disclosure andTransparency Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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