10th Mar 2008 15:12
Avacta Group PLC10 March 2008 Avacta Group plc Issue of Equity Avacta Group plc (the "Company") announces that 375,350 ordinary shares of 0.1peach ("Ordinary Shares") have been issued at a price of 5.49 pence per sharepursuant to contractual obligations for services provided to the Company. The Company also announces that, as anticipated in the announcement by theCompany dated 14 December 2007, a further 21,954,035 Ordinary Shares have beenissued following the acquisition of Oxford Medical Diagnostics Limited andsubsequent agreement of the completion balance sheet. Application has been made for 22,329,385 new Ordinary Shares to be admitted totrading on AIM and dealings are expected to commence on 14 March 2008. The total number of Ordinary Shares in issue following the above issue will be823,136,812. 10 March 2008 Enquiries: Avacta Group plc Tel: 0870 835 4367Tim Sykes, Chief Financial Officer WH Ireland Limited Tel: 0161 832 2174David Youngman/Robin Gwyn BankOra Limited Tel: 020 7562 4700Michael Brennan/Henry Turcan Nexus Financial Limited Tel: 020 7451 7050Nicholas Nelson/Kathy Boate This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Avacta Group