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DRM Dermasalve

2.75
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dermasalve LSE:DRM London Ordinary Share GB0034270156 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.75 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Issue of Equity

14/01/2008 3:04pm

UK Regulatory


RNS Number:7289L
Dermasalve Sciences PLC
14 January 2008

                            DermaSalve Sciences plc

                                Issue of Equity

The Directors of DermaSalve Sciences plc announce that they have issued and
allotted 550,000 ordinary shares of 1p each (the "New Shares") to Trafalgar
Capital Specialized Investment Fund FIS, pursuant to the receipt of a notice of
conversion dated 14 January 2008.  The issue price will be determined in
accordance with the terms of the convertible loan agreement as announced on 
5 October 2007.

Application will be made for the New Shares to be admitted to trading on AIM,
which is expected to take place on 18 January 2008.  Following the issue of the
New Shares, there are 102,314,558 ordinary shares in issue.


Enquiries:

DermaSalve Sciences plc                                            0191 260 5070
Phil Pattison, Finance Director
www.dermasalve.com

Hanson Westhouse Limited                                           0113 246 2610
Tim Feather / Matthew Johnson




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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