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Conversion of Securities

3rd Mar 2005 17:47

Impax Group PLC03 March 2005 Impax Group plc During February 2005 the Company received conversion notices from holders of£357 nominal of the 5.5 per cent. Convertible Unsecured Loan Stock 2009("Stock"). Accordingly it has allotted 7,854 Ordinary Shares of 1p, subject toadmission of the shares to trading on the Alternative Investment Market of theLondon Stock Exchange ("AIM"). Application has been made to the London Stock Exchange for admission of the7,854 Ordinary Shares to AIM. It is expected that admission will becomeeffective and trading will commence on 9 March 2005. Following conversion andallotment the Company will have £2,442,906 nominal of Stock outstanding and37,505,166 Ordinary Shares in issue. 3 March 05 This information is provided by RNS The company news service from the London Stock Exchange

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Impax Asset Management
FTSE 100 Latest
Value8,310.05
Change34.39