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Loan Note Conversions, Holdings in Company and TVR

Date : 21/05/2012 @ 07:01
Source : UK Regulatory (RNS & others)
Stock : Tricor (TRIC)
Quote : 4.25  0.0 (0.00%) @ 07:32

Loan Note Conversions, Holdings in Company and TVR

TIDMTRIC

RNS Number : 7110D

Tricor PLC

21 May 2012

21 May 2012

Tricor plc

("Tricor" or the "Company")

Loan Note Conversions, Holding in Company and Total Voting Rights

Tricor has received notice from Joe Case to convert GBP20,000 of loan notes, which were issued under the GBP20,000 investment facility provided by him to the Company (as announced on 11 May 2012), into ordinary shares of 0.01 of one penny each in the capital of Tricor ("Shares") at a conversion rate of 0.02p per Share. This will result in the issuance of 100,000,000 Shares, following which Joe Case will hold a total of 400,833,334 Shares, representing approximately 6.19 per cent. of the issued share capital of the Company.

Application has been made to the London Stock Exchange plc for these 100,000,000 new Shares to be admitted to trading on AIM and this is expected to occur on or around 25 May 2012.

Total Voting Rights

Following this issue of 100,000,000 Shares, the total number of Shares in issue is now 6,475,350,337 with each Share carrying the right to one vote. Tricor holds no Shares in treasury. The total number of voting rights in the Company is therefore 6,475,350,337. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in Tricor under the Disclosure Rules and Transparency Rules of the UK Financial Services Authority.

 
 Tricor plc                                   Tel: +65 6236 2985 
 Chan Fook Meng, Chairman 
 
 Allenby Capital Limited (Nominated Adviser   Tel: +44 20 3328 5656 
  and Broker) 
 Jeremy Porter 
 James Reeve 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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