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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

12/03/2008 3:50pm

UK Regulatory


RNS Number:9676P
Dermasalve Sciences PLC
12 March 2008


                            DermaSalve Sciences plc

                                Issue of Equity


The Directors of DermaSalve Sciences plc announce that they have issued and
allotted 750,000 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 11 March 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 March 2008.  Following the issue of the
New Shares, there are 110,767.891 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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