27th Feb 2006 15:35
Capcon Holdings PLC27 February 2006 27 February 2006 Capcon Holdings PLC('the Company') Price movement The directors of the Company have noted the recent price movement in the sharesof the Company. The Company is currently strengthening its balance sheet throughan issue of convertible redeemable guaranteed secured loan stock ("CLS").Indicative commitments of £800,000 have been received. The CLS carry a coupon of10% and are convertible at 5 pence per share. The fundraising is subject toshareholder approval. A circular is expected to be issued to shareholders withintwo weeks. Capcon Holdings plcCliff Cavender, Managing DirectorTel: 020 7349 5356 Insinger de BeaufortLouis CastroTel: 020 7190 7000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MTR.L