25th May 2005 16:55
Readybuy PLC25 May 2005 Readybuy plc ("the Company") Issue of 666,667 New Ordinary Shares Further to the announcement of the Fundraising and Notice of ExtraordinaryGeneral Meeting ("EGM") on 15 March 2005, and the announcement on 11 April thatall resolutions proposed at the EGM of the Company, held on Friday 8 April 2005,had been duly approved, the Company is pleased to announce that loans fromcertain of the Directors and/or shareholders ("the Lenders") have been repaidand the Lenders have exercised their option to capitalise the amounts of suchloans. Accordingly, the Company has today issued 666,667 new ordinary shares of0.5p each ("New Ordinary Shares") at 15p per share. Application has been madefor the New Ordinary Shares to be admitted to trading on Aim and dealings areexpected to commence on 31 May 2005. The shares will rank pari passu with theexisting shares and increase the total number in issue to 19,327,344. For further information please contact: Colin Davies, Readybuy plc Tel: 01904 520 850David Youngman, WH Ireland Limited Tel: 0161 832 2174 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Avacta Group