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Issue of Equity

16th Dec 2010 07:00

RNS Number : 0482Y
Nature Group PLC
16 December 2010
 



16 December 2010

NATURE GROUP PLC

("Nature Group" or the "Company")

 

Issue of Equity

 

The Board of Nature Group, the AIM quoted provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, is pleased to announce that, further to its announcement on 13 December 2010 of the Acquisition of International Slop Disposal (I.S.D.) B.V. ("ISD") and Ecoscrub Solutions B.V. ("Ecoscrub") and a shareplacing, 38,000,000 new Ordinary Shares ("New Ordinary Shares") have now been issued.

 

Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will be effective and that dealings in the new Ordinary Shares will take place on 21 December 2010.

 

The New Ordinary Shares will rank in full for all dividends and otherwise pari passu with the Company's existing Ordinary Shares from the date of Admissionsave that the New Ordinary Shares being issued to Portinvest as consideration for the acquisition of ISD and Ecoscrub will not participate in any dividend or distribution declared in respect of the financial year ending 31 December 2010.

 

 

For further information please visit www.naturegroup.org or contact one of the following:

 

Nature Group Plc

Richard Eldridge, Chairman

Nigel Sandy

 

 

 

01841 533 611

01373 473 995

Northland Capital Partners (Nominated Adviser)

Shane Gallwey

Rod Venables

 

 

 

 

 

 

 

020 7492 4750

020 7492 4750

 

WH Ireland (Broker)

Sebastian Wykeham

Ruari McGirr

 

 

020 7220 0473

020 7220 1666

 

Hermes Financial PR

Chris Steele

Trevor Phillips

 

 

07979 604 687

07889 153 628

 

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