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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mavinwood | LSE:MVW | London | Ordinary Share | GB00B5NR1S72 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 3538P
Mavinwood PLC
14 July 2010
Mavinwood plc
("Mavinwood" or the "Company")
Issue of Equity
Further to the Notice of AGM posted to shareholders on 28 July 2010, Mavinwood
plc announces that, in anticipation of the proposed share consolidation to be
voted on at the General Meeting on 22 July 2010, whereby shareholders on the
Register at the close of business on 22 July 2010 will exchange 50 existing
ordinary shares in the capital of the Company for 1 new ordinary share in the
capital of the Company, the Company today has issued 39 ordinary shares ("New
Ordinary Shares") in the capital of the Company to Geraldton Services Inc at par
value. The New Ordinary Shares will ensure that there is a whole number of new
5p ordinary shares in the Company once the consolidation takes place.
Application has been made for the admission of the New Ordinary Shares to
trading on AIM ("Admission"). It is expected that Admission will take place and
that trading in the New Ordinary Shares will commence on 20 July 2010.
For further information, please contact:
+----------------------------------------+--------------------+
| Mavinwood | |
+----------------------------------------+--------------------+
| Charles Skinner, Chief Executive | Tel: 07966 234 075 |
+----------------------------------------+--------------------+
| | |
| Cenkos Securities | |
+----------------------------------------+--------------------+
| Nicholas Wells / Beth McKiernan | Tel: 020 7397 8900 |
+----------------------------------------+--------------------+
| | |
| Threadneedle Communications | |
+----------------------------------------+--------------------+
| John Coles | Tel: 020 7653 9848 |
+----------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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