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Allotment of new shares

10th Apr 2006 16:43

Charles Taylor Consulting plc Allotment of shares Allotment of new sharesUnder the terms of the Sale and Purchase Agreement between the vendors of LCLand the company (approved by the Members at their Extraordinary General Meetingheld on 28 November 2005) the vendors of the LCL group are now entitled toreceive payment for the balance of the adjusted net assets of LCL Services atcompletion, the value of which has been agreed. The share allotment for thebalance of the consideration involves the issue of 713,782 new shares,provision for which was made at the time of acquisition.The new shares will rank pari passu in all respects with the Ordinary Shares inissue and application has been made to the UK Listing Authority and the LondonStock Market for the shares to be admitted to the official list.ENDCHARLES TAYLOR CONSULTING PLC

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Charles Taylor
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