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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Garner | LSE:GAR | London | Ordinary Share | GB00B16NPJ35 | 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% | 3.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGAR 22 January 2010 Garner plc ("Garner" or the "Company") Issue of equity At the Company's board meeting held in December 2009, it was agreed that any executive bonuses for 2009 would be settled by an issue of ordinary shares, rather than in cash, based on net bonus figures, after taking into account deductions for income tax and national insurance. Accordingly, the directors of Garner have resolved to issue 4,116,104 new ordinary shares ("Bonus Shares") to four employees, who are not directors of the Company. At the closing mid-market price on 21 January 2010 (being the last practicable date prior to the date of this announcement) of 1.88p per Garner share, these shares have an aggregate value of GBP77,382.75 and represent 5.80 per cent of the existing issued ordinary share capital. Application will be made for the Bonus Shares to be admitted to trading on AIM. It is expected that admission will become effective and that dealings in the Bonus Shares will commence on 28 January 2010. Following the admission of these shares to trading on AIM, the Company will have a total of 75,138,312 ordinary shares in issue. Further Enquiries: Garner plc Tel: 020 7629 8822 Andrew Garner/Ben Felton Merchant John East Securities Limited Tel: 020 7628 2200 John East/Simon Clements END
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