Issue of Equity
April 16 2010 - 5:40AM
UK Regulatory
TIDMCB.
RNS Number : 3145K
CBG Group Plc
16 April 2010
16 April 2010
CBG GROUP PLC
("The Company")
(AIM: CB.)
Issue of Equity
CBG Group plc, the Manchester based insurance broker and financial services
specialist, announces that it has today allotted 213,592 ordinary shares of 4p
each in the Company ("Ordinary Shares") in accordance with the earn out clause
of the Share Purchase Agreement between CBG Group plc and Howgud Limited dated
04 April 2008.
Following admission, the enlarged issued share capital of the Company will be
15,878,753 Ordinary Shares.
Application has been made for the new Ordinary Shares to be admitted to trading
on AIM on or around the 21 April 2010.
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+----------------------------------------+--------------------+
| Enquiries | |
+----------------------------------------+--------------------+
| | |
+----------------------------------------+--------------------+
| CBG Group plc | 0161 920 0200 |
+----------------------------------------+--------------------+
| Mike Askew, Group Managing Director | 07720 400356 |
+----------------------------------------+--------------------+
| Martyn Hughes, Group Finance Director | 07734 543454 |
+----------------------------------------+--------------------+
| www.cbg-group.co.uk | |
+----------------------------------------+--------------------+
| | |
+----------------------------------------+--------------------+
| Zeus Capital (Nomad & Broker) | 0161 831 1512 |
+----------------------------------------+--------------------+
| Alex Clarkson / Bobby Fletcher | |
+----------------------------------------+--------------------+
| | |
+----------------------------------------+--------------------+
| Daniel Stewart & Company plc (Joint | 020 7776 6550 |
| Broker) | |
+----------------------------------------+--------------------+
| Martin Lampshire | |
+----------------------------------------+--------------------+
| | |
+----------------------------------------+--------------------+
| Bishopsgate Communications Ltd | 020 7562 3350 |
+----------------------------------------+--------------------+
| Nick Rome / Gemma O'Hara | |
+----------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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