27th Mar 2006 12:49
Charles Stanley Group PLC27 March 2006 The Directors of Charles Stanley Group Plc (the "Company") announce that theyhave received notice of a conversion in respect of convertible loan notes (the" Notes") of £257,134. The Notes were issued on 26th November 2004 as part ofthe consideration for the acquisition of the issued share capital of SutherlandsGroup Ltd, as per the announcement dated 26th November 2004. The conversionprice of the Notes was 248.7p per share and so the Company has today issued andallotted 103,393 new ordinary shares. Accordingly, application has been made to the UK Listing Authority for these newordinary shares to be admitted to the Official List and to the London StockExchange for trading. The new ordinary shares rank pari passu with the existingissued shares of the Company and dealings are expected to commence on 3rd April2006. Following admission the Company will have 42,268,728 ordinary shares inissue and £680,274 Notes. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CAY.L