CVL Conival

    RNS Number : 3878Z
  Conival plc
  18 July 2008
   


    Conival Plc

    ("Conival" or "the Company")

    Issue of Equity


    Further to the announcement released on 25 April 2008 in relation to a Convertible Loan Agreement, Conival Plc (AIM:CVL), the specialist
branded food and beverage company, today announces that Corvus Capital Inc ("Corvus") has agreed to convert �33,590 of outstanding debt into
6,718,000 Ordinary Shares of 0.5p each, representing 1.6 per cent of the enlarged issued share capital of the Company. These shares have
been placed with unconnected third parties and there is no further disclosable interest required in relation to these shares. 

    These shares have been allotted and issued at par. Application for these shares to be admitted to trading on AIM has been made and is
expected to occur on 24 July 2008. Following this issue there will be 430,303,238
    Ordinary Shares of 0.5 pence each in issue. 

    Enquiries: 

 Conival plc                        0870 389 6999
 Jeremy Schwartz, Chief Executive 
 John Bick                          07917 649362

 W.H. Ireland                       0121 265 6330
 Tim Cofman / Nicola Rayner


This information is provided by RNS
The company news service from the London Stock Exchange
 
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