Result of EGM and Share Consolidation

    RNS Number : 2318Z
  Nature Technology Solutions Limited
  16 July 2008
   



    Nature Technology Solutions Limited

    ("NTS" or "the Company")

    Result of EGM and Share Consolidation


    The Company is pleased to announce that all of the resolutions proposed at the Company's extraordinary general meeting held today were
duly passed.

    The Company today confirms that following the announcement of 20 June 2008 and the passing of the relevant resolution at the EGM today,
the 1 for 20 share consolidation of the Company's issued and unissued shares has been approved by shareholders. 

    The total number of 0.01p Ordinary shares currently in issue is 496,393,384 and therefore the 1 for 20 consolidation will result in
there being 24,819,669 New Ordinary Shares in issue.

    The New Ordinary Shares of 0.2p each will commence trading at 8a.m. tomorrow, 17 July 2008. The ISIN for the New Ordinary Shares will be
JE00B3B5FZ40.

    The New Ordinary Shares will replace the Existing Shares under the Company's Articles of Association and will carry equivalent rights.

    As an example, a Shareholder holding 5,000 Existing Shares will, following the consolidation, hold 250 New Ordinary Shares. The
proportionate interests of Shareholders will not be affected by the proposed consolidation save for the extent of fractional entitlements.
Fractional entitlements will not be allocated but instead aggregated and sold in the market for the benefit of the Company. New share
certificates will be posted to Shareholders in due course.

    The above figure of 24,819,669 may be used by shareholders of 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 to their interest in, the share capital of the Company under the
Disclosure and Transparency Rules.



    Nature Technology Solutions Limited
    Richard Eldridge, CEO                     Tel: [phone]
    Nigel Sandy, Director                       Tel: [phone]

    Seymour Pierce Limited
    Jonathan Wright, Director                  Tel: [phone] 


This information is provided by RNS
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