28th Mar 2012 15:20
Caspian Holdings Plc
28 March 2012
Caspian Holdings Plc
("Caspian" or the "Company")
Issue of Equity
Caspian Holdings (AIM:CSH), announces that application has been made for 4,000,000 ordinary shares of 0.1p per share ("Ordinary Shares") at 0.3p per Ordinary Share to be admitted to trading on the AIM market of the London Stock Exchange.
The new Ordinary Shares are being issued to contractors of the Company in respect of performance related payments for services rendered in 2011.
Application will be made for the new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 03 April 2012.
Following the Placing, the Company will have 968,779,889 Ordinary Shares in issue.
Enquiries:
Caspian Holdings Plc | Grant Thornton Corporate Finance |
Michael Masterman | Gerry Beaney / Melanie Frean / Jen Hatter |
T: +44 (0) 7791 288381 | T: +44 (0) 20 7383 5100 |
www.caspianoil.co.uk | |
Simple Investments | Gable Communications |
Andy Thacker / Nick Emerson | Justine James |
T: +44 (0) 1483 413500 | T: +44 (20 7193 7463 |
www.simple-investments.co.uk | M: +44 (0) 7525 324431 |
Related Shares:
WRES.L