17th Oct 2006 11:04
R.E.A.Hldgs PLC17 October 2006 R.E.A. Holdings plc (the "company") The company has today exercised on behalf of the holders of 266,031 warrantstheir subscription and conversion rights and has allotted 266,031 ordinaryshares of 25p subject to admission of those shares to the Official List of theUK Listing Authority and to trading on the London Stock Exchange's market forlisted securities. The 266,031 ordinary shares referred to above have been placed by the company'sbrokers, Mirabaud Securities Limited. Application for such admission has been made. It is expected that admission willbecome effective on 20 October 2006 and that dealings in the new ordinary shareswill commence on that date. The net proceeds of sale, after deduction of the cost of subscribing suchordinary shares will be distributed to each holder pro rata (provided that suchnet proceeds payable to a holder exceed £3). In consequence, there are no warrants in issue and the company has requestedthat the listing of the warrants on the Official List of the UK ListingAuthority and on the London Stock Exchange's market for listed securities becancelled with effect from 1 November 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
R.e.a.hldgs.