Issue of Shares

29th Jul 2005 10:26

Canisp PLC29 July 2005 Canisp plc (the 'Company') Issue of Shares The Company announces that on 28 July 2005 it issued 28,410 new Ordinary Sharesto each of Mike Hirschfield and John Maundrell, executive Directors of theCompany, pursuant to their revised remuneration arrangements which wereannounced 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 56,820 new Ordinary Shares to be admitted totrading on AIM, with admission expected to take place on 3 August 2005. This information is provided by RNS The company news service from the London Stock Exchange

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Related Shares:

TSTR.L