Issue of Equity
June 27 2008 - 5:46AM
UK Regulatory
RNS Number : 7175X
Healthcare Enterprise Group PLC
27 June 2008
Healthcare Enterprise Group PLC (the 'Company') 23 June 2008
Issue of Shares
The Company announces that it has allotted 20,971,662 Ordinary shares at 0.575 pence per share in satisfaction of certain liabilities
amounting to �120,587. These shares issues and the amounts satisfied are as follows:
* 8,347,824 Ordinary shares allotted to holders of �1.2m of the total �1.5m Convertible Unsecured Loan Notes issued in October 2007,
in respect of interest on the Loan Notes since the date of issue to 25th April 2008, amounting to �48,000. Interest on the remaining �0.3
million of Loan Notes has been paid in cash.
Of the total shares to be issued, 4,173,913 Ordinary Shares are allotted to Mr Nigel Wray, a former director of the Company.
2,782,607 Ordinary Shares are allotted to parties connected with Mr John Gunn, a Non-Executive Director of the Company.
1,391,304 Ordinary Shares are allotted to Mr Nicholas Brigstocke, a Non-Executive Director of the Company.
* 3,613,699 Ordinary Shares allotted to Mr Keith MacGregor in satisfaction of Royalty Payments amounting to �20,779 for sales of
Ebiox products in the year ended 28th February 2008.
* 9,010,139 Ordinary Shares allotted to Non-Executive Directors of the Company in satisfaction of total fees due of �51,808. Of the
total shares to be issued, 2,693,478 shares are allotted to Mr Mark Tompkins in satisfaction of unpaid fees from 1st October 2006 to 30th
June 2008.
Mr Nicholas Brigstocke is allotted 2,693,478 shares in satisfaction of unpaid fees from 1st October 2006 to 30th June 2008.
Mr John Gunn is allotted 3,623,183 shares in satisfaction of fees due from 1st September 2007 to 30th June 2008.
The Interests of Directors in the Company following this share issue is as follows:
Mr Mark Tomkins - 4,681,583 Ordinary Shares representing approximately 1.38% of the Issued Share Capital after this issue.
Mr Nicholas Brigstocke - 6,156,968 Ordinary Shares representing approximately 1.82% of the Issued Share Capital after this issue.
Mr John Gunn - 24,473,914 Ordinary Shares representing approximately 7.22% of the Issued Share Capital after this issue.
Application has been made for the new ordinary shares to be admitted to AIM. The
shares are expected to start trading on 2 July 2008, bringing the issued share capital of the Company to 339,099,622.
Enquiries:
Healthcare Enterprise Group + 44 (0)1925 898 200
Lyndon Gaborit, Executive Deputy Chairman
Numis Securities +44 (0) 20 7260 1000
David Poutney
This information is provided by RNS
The company news service from the London Stock Exchange
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