15th Nov 2005 16:03
Canisp PLC15 November 2005 Canisp PLC15 November 2005 Canisp plc (the 'Company') Issue of Shares The Company announces that on 10 November 2005 it issued 57,339 new OrdinaryShares to each of Mike Hirschfield and John Maundrell, executive Directors ofthe Company, pursuant to their revised remuneration arrangements which were announced on 18 May 2005. Under these arrangements they agreed to a reducedsalary to be satisfied by the issue to them on a quarterly basis of a number ofshares calculated by reference to the average closing bid price over thepreceding five dealing days. Application has been made for these 114,678 new Ordinary Shares to be admittedto trading on AIM, with admission expected to take place on 21 November 2005. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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