Loan Note Conversion
December 21 2004 - 11:20AM
UK Regulatory
RNS Number:7072G
RII PLC
21 December 2004
FOR IMMEDIATE RELEASE 21 December 2004
RII plc
("RII" or the "Company")
The Board of RII plc announces that, following instructions from a holder of
#50,000 Unsecured Zero Coupon Convertible Loan Notes 2011 ("Loan Notes"), it
agreed on 20 December 2004 to allot 14,492,753 ordinary shares of 0.1p at 0.345p
per share in accordance with the terms of the Loan Note Instrument.
The resulting holding of 14,492,753 ordinary shares represents 8.97% of the
enlarged issued share capital.
Application has been made for 14,492,753 ordinary shares of 0.1p to be admitted
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
END
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