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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nexus Man | LSE:NXS | London | Ordinary Share | GB0030379423 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.085 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMNXS
RNS Number : 1732P
Nexus Management plc
29 September 2011
29 September 2011
NEXUS MANAGEMENT PLC
(AIM: NXS)
("Nexus Management" or "the Company")
Conversion of Loan Notes
The Board of Nexus Management, the AIM quoted provider of specialist IT managed services, announces that it has issued 37,500,000 new ordinary shares at a price of 0.25 pence each in the capital of the Company following the conversion of loan notes held by SF T1ps Smaller Companies Growth Fund ("T1ps"). Following admission of such shares to trading on AIM, T1ps will be interested in a total of 226,556,605 ordinary shares in the capital of Nexus, equivalent to 19.20 per cent. of the enlarged issued share capital of the Company.
Application will be made for 37,500,000 new ordinary shares to be admitted to trading on AIM. Admission of such shares is expected to become effective and dealings are expected to commence on AIM on 5 September 2011. Following the issue of such shares, the Company will have 1,179,851,765 ordinary shares in issue.
---END---
Enquiries:
Nexus Management plc Roger Richardson, Chief Executive Tel: 01862 812 107 Merchant Securities Limited (Nominated Adviser) Simon Clements/David Worlidge Tel: 020 7628 2200 Rivington Street (Broker) Jon Levinson Tel: 020 7 562 3351 Bishopsgate Communications Ltd Duncan McCormick/Deepali Schneider/Natalie Tel: 020 7562 3350 Quinn nexus@bishopsgatecommunications.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLIFEDAFIAFIL
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