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Exercise of Warrants

2nd Jun 2009 13:36

RNS Number : 2115T
Baydonhill PLC
02 June 2009
 

2 June 2009

Baydonhill plc

("Baydonhill" or the "Company")

Exercise of Warrants

The Company announces that, following the exercise of warrants by Ekwienox FX Limited ("Ekwienox") at an exercise price of 5.75p per share, it has issued, conditional on admission, 3,500,000 new ordinary shares of 1p each. Following the issue of these shares, Ekwienox will hold a total of 21,415,637 ordinary shares, equivalent to 72.29 per cent. of the voting share capital of Baydonhill.

Application has been made for these shares to be admitted to trading on AIM and dealings are expected to commence on 5 June 2009. Following the issue of these shares the Company will have 29,623,145 ordinary voting shares in issue.

Enquiries: 

Wayne Mitchell / Sarah Collis

Baydonhill Plc

Tel: +44 (0) 207 594 0515

Bidhi Bhoma

John East & Partners Limited, subsidiary of Merchant Securities PLC

Tel: +44 (0) 207 628 2200

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