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Wts exercise & Director hldg

29th Apr 2008 18:12

Mission Capital PLC29 April 2008 Mission Capital PLC (the "Company") 29 April 2008 Exercise of warrants, additional listing and Director's interest Following the exercise of warrants on 28 April 2008 to subscribe for newordinary shares of 1p each in the Company, at an exercise price of 7 pence pershare, amounting in aggregate to approximately £358,000, application has beenmade to AIM for the admission to trading of 5,107,746 new ordinary shares of 1peach (the "New Ordinary Shares"), which rank pari passu with the Company'sexisting issued shares. Dealings are expected to commence on AIM on 6 May 2008. The Company has been notified that following the exercise by The Robert BurrowConsultancy LLP of its warrants to subscribe for 2,553, 873 New Ordinary Sharesand an agreement on the same day to buy a further 2,553, 873 New Ordinary Sharesat 7 pence per share, Robert Burrow, a non-executive Director of the Company, isnow interested in 15,674,532 ordinary shares of 1p each ("Ordinary Shares"),representing approximately 14.5 per cent. of the Company's enlarged issued sharecapital. Total Voting Rights Following the admission to trading on AIM of the New Ordinary Shares, theCompany's issued share capital will consist of 108,174,872 Ordinary Shares, withvoting rights. The Company does not hold any Ordinary Shares in Treasury.Therefore the total number of Ordinary Shares in the Company with voting rightswill be 108,174,872. The figure of 108,174,872 Ordinary Shares may be used byshareholders in the Company as the denominator for the calculations by whichthey will determine if they are required to notify their interest in, or achange to their interest in, the share capital of the Company under theFinancial Service Authority's Disclosure and Transparency Rules. END This information is provided by RNS The company news service from the London Stock Exchange

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