Issue of Equity
August 26 2004 - 7:34AM
UK Regulatory
RNS Number:3430C
London Asia Capital PLC
26 August 2004
London Asia Capital (the "Company")
Issue of equity
Following the exercise of 5,000 warrants attached to the shares issued in the
placing of October 2003, the Company has issued 5,000 ordinary shares for cash
at 10p per share, resulting in net cash to the Company of #500. Application has
been made for the shares to be traded on AIM and admission is expected on 2
September 2004.
In accordance with the original terms of the warrants which were issued on 29
October 2003, the remaining 12,809,000 warrants will expire on 29 October 2004.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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