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Conversion Circular

30th Dec 2009 12:18

RNS Number : 8339E
Close High Income Properties PLC
30 December 2009
 



CLOSE HIGH INCOME PROPERTIES PLC

Conversion of the Company's 'D' Ordinary Shares into Ordinary Shares

The Board of Close High Income Properties plc (the 'Company') announces that the conversion of 'D' Ordinary Shares into Ordinary Shares has taken place as detailed in the announcement by the Company dated 1 December 2009.

In respect of the conversion of 'DOrdinary Shares into Ordinary Shares, a total of 9,369,128 new Ordinary Shares of 1p each (the 'New Ordinary Shares') will be issued and these New Ordinary Shares are expected to be admitted to the Official List and dealings to commence on the London Stock Exchange's main market for listed securities on 5 January 2010. Trading in the 'D' Shares is expected to be cancelled with effect from this date.

Following the creation of the 9,369,128 New Ordinary Shares arising from the conversion, the Company's issued share capital will comprise 84,095,207 Ordinary Shares.

For further information contact:

Peter Roscrow or Steven Oliver

Close Investments Limited

020 7426 4000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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