Issue of Equity (2882H)
25 Mai 2011 - 4:09PM
UK Regulatory
TIDMPMA
RNS Number : 2882H
Premier Management Holdings PLC
25 May 2011
Premier Management Holdings plc
("Premier Management" or the "Company")
Exercise of Warrants
25(th) May 2011
Premier Management, the Central Asia-focused natural resources
investment company, announces today that on 20 May 2011, pursuant
to a warrant deed to subscribe for ordinary shares of 0.01 pence
each in the Company ("Shares") dated 27 October 2010, HB Markets
Plc exercised a right to subscribe for 10,000,000 Shares at an
exercise price of 1 pence per Share.
Application has been made for the 10,000,000 new ordinary shares
to be admitted to trading on the AIM Market of the London Stock
Exchange ("AIM") and it is expected that they will be admitted to
trading on AIM at 8.00 a.m. on 1 June 2011. The Shares will rank
pari passu with all existing shares. Following admission of the new
ordinary shares the total number of shares in issue will be
527,828,443.
Enquiries:
Premier Management Holdings plc
Gerry Desler, Chairman Tel. 07939 138 727
Brewin Dolphin (Nomad & Joint Broker)
Alex Dewar Tel. 0845 213 2076
Nikki Cooper Tel. 0845 213 3898
Rivington Street Corporate Finance Tel. 020 7562 3384
(Joint Broker)
M: Communications
Ben Simons or Maria Souvorov Tel. 020 7920 2340/2327
This information is provided by RNS
The company news service from the London Stock Exchange
END
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