Loan Note - Conversion
November 16 2004 - 4:42AM
UK Regulatory
RNS Number:2753F
RII PLC
16 November 2004
FOR IMMEDIATE RELEASE 16 November 2004
RII plc
("RII" or the "Company")
The Board of RII plc announces that, following instructions from a holder of
#20,000 Unsecured Zero Coupon Convertible Loan Notes 2011 ("Loan Notes"), it
agreed on 15 November 2004 to allot 5,797,101 ordinary shares of 0.1p at 0.345p
per share in accordance with the terms of the Loan Note Instrument.
The resulting holding of 5,797,101 ordinary shares represents 4.32% of the
enlarged issued share capital.
Application has been made for a total of 5,797,101 ordinary shares of 0.1p for
admission to trading on AIM.
Name of contact and telephone number for queries:
Jeremy Gorman, Company Secretary - 020 7935 0027
For and on behalf of RII PLC
Jeremy Gorman
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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