30th Aug 2006 11:37
For immediate release 30 August 2006 Mondas Plc ("Mondas" or the "Company") Result of EGM At the Extraordinary General Meeting held earlier today, all resolutions wereduly passed, including the amendment to the terms of the existing 8.75 percent. convertible unsecured redeemable loan stock 2007 to redesignate it as 8per cent. convertible unsecured loan stock 2011, with effect from 1 September2006.As previously announced, Teather & Greenwood Limited has placed an additionaltranche of ‚£1,000,000 nominal 8 per cent. convertible unsecured redeemable loanstock 2011 and 406,250 new ordinary shares, on behalf of the Company.Admission to the AIM Market and trading in the new convertible unsecuredredeemable loan stock and the new ordinary shares is expected to commence on1st September 2006. Following admission, the Company will have in issue ‚£4,000,000 nominal 8 per cent. convertible unsecured redeemable loan stock 2011and 36,848,750 ordinary shares of 10p each.ENDMONDAS PLCRelated Shares:
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