8th Oct 2009 13:27
CareTech Holdings PLC ('CareTech' or 'the Company')
8 October 2009
Allotment of Shares
The Company announces that at a Board meeting held yesterday, 900,000 ordinary shares of 0.5 pence each in the Company have been allotted to the vendors of Beacon Care Holdings Limited and Beacon Care Investments Limited (together "Beacon"). These have been allotted in satisfaction of consideration due under the terms of the Beacon acquisition agreements.
Application will be made at the earliest practicable opportunity for admission of the new ordinary shares to trading on the AIM Market of the London Stock Exchange.
For further information, please contact:
CareTech Holdings PLC 01707 601 800
Farouq Sheikh, Executive Chairman
David Pugh, Group Finance Director
Brewin Dolphin Investment Banking 0845 270 8600
Matt Davis/Sean Wyndham-Quin
Related Shares:
CTH.L