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DAN Daniel Stewart

1.625
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Daniel Stewart LSE:DAN London Ordinary Share GB0004602842 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.625 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Daniel Stewart Securities PLC Issue of Equity - Conversion of Bond (1967K)

24/12/2015 11:36am

UK Regulatory


Daniel Stewart Securities (LSE:DAN)
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TIDMDAN

RNS Number : 1967K

Daniel Stewart Securities PLC

24 December 2015

Daniel Stewart Secs

Issue of Equity - Conversion of Bond

RNS Number: 4881K

Daniel Stewart Securities PLC

24 December 2015

24 December 2015

Daniel Stewart Securities plc ("Daniel Stewart" or "the Company")

Conversion of Kilimanjaro bond

Daniel Stewart Securities Plc (AIM: DAN), the investment bank providing corporate advisory, institutional stockbroking and wealth management services, notifies that, further to the Company's announcement of 17 November 2017, Kilimanjaro Private Capital PTE Limited, and that, Kilimanjaro Private Capital PTE Limited have exercised their right to convert the GBP300,000 non-redeemable callable bond.

Accordingly, 20,000,000 new ordinary shares of 0.25p each in the Company ("Shares") are being issued to Kilimanjaro Private Capital PTE Limited , following which Kilimanjaro Private Capital PTE Limited interest shall comprise 42,471,621 Shares, representing approximately 4.46% per cent. of the Company's enlarged issued share capital.

Upon issue the new Shares will rank pari passu with the Company's existing ordinary shares. Application has been made for the admission to trading on AIM of the 20,000,000 new Shares ("Admission"), However because the Company's shares are currently suspended from trading it is not anticipated that admission will occur.

The Company's issued share capital will comprise 952,272,580 ordinary shares. This figure should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. The Company does not hold any shares in treasury.

Enquiries:

DANIEL STEWART SECURITIES PLC

Peter Shea, Chairman

Tel: 020 7776 6550

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 24, 2015 06:36 ET (11:36 GMT)

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