16th Nov 2005 15:45
London Finance & Investment Group P.L.C. ("the Company") Exercise of WarrantsThe Company announces that 3,744,939 ordinary shares of 5p each have beenissued following the exercise of warrants at an exercise price of 25p each.This figure represents the balance of outstanding warrants and the warrants nowcease to have any value.In addition, the Company has allotted 39,980 new shares of 5p each for cash ata price of 32.5p, being the average closing middle market price of theCompany's shares on the London Stock exchange for the five business days 31October to 4 November inclusive, to increase its issued share capital to30,000,000 shares of 5p each.Application will be made for the 3,784,919 new shares in the Company to beadmitted to trading on the London Stock Exchange. An announcement will be madeshortly of the date that dealings in these new ordinary shares, which will rankpari passu in all respects with the existing ordinary shares, will commence.ENDLONDON FINANCE & INVESTMENT GROUP PLCRelated Shares:
Lon.fin&inv.grp