16th Aug 2006 13:31
Redhall Group PLC16 August 2006 REDHALL GROUP PLC ('The Company') ISSUE OF EQUITY 16 AUGUST 2006 Redhall Group plc announces that at a board meeting held today 1,300,000Ordinary Shares of 25p each were issued and allotted to institutional investorsat a price of 68p per share. The net proceeds of the placing will be usedprincipally to fund the redemption of the outstanding Loan Notes. These shares were issued under the share capital authority granted at the mostrecent Annual General Meeting. Application for the new shares to be admitted and traded on AIM will be madelater today, and it is expected that the new shares will commence trading onTuesday 22 August. The issued share capital of the Company is now 14,655,856 Ordinary Shares Enquiries: Redhall Group plc 01924 385386David Jackson, Chairman and Chief ExecutiveSimon Foster, Deputy Chief Executive Brewin Dolphin Securities Ltd 0113 241 0126Neil Baldwin This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RHL.L