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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| South China | LSE:SCR | London | Ordinary Share | GB00B0704D34 | 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% | 2.48 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 3492A
South China Resources PLC
31 July 2008
For Immediate Release 31st July 2008
South China Resources plc
(the "Company")
Issue of Loan Stock
The Board has approved the creation of £390,000 of 0% convertible loan stock (the "Convertible Loan Stock") in favour of Aguas Kalama
Ltd (the "Stockholder"). The Convertible Loan Stock will convert on the earlier of the re-admission to trading on AIM of the Company's
shares or at the election of the Stockholder.
The Stockholder will have the right, subject to certain terms and conditions, to convert his Convertible Loan Stock in into fully paid
ordinary shares of 1p each of the Company on the basis of the lower of one Ordinary Share at the nominal stock conversion price applied to
the admission of shares of the Company to trading on AIM or one ordinary share for each 2p nominal amount of Convertible Loan Stock.
For further information, please contact:
South China Resources plc
Tim Horgan +44 (0) 20 7292 9110
Nabarro Wells & Co. Limited
Hugh Oram +44 (0) 20 7634 4707
Parkgreen Communications
Sue Scott/Leah Kramer +44 (0) 207 933 8780
This information is provided by RNS
The company news service from the London Stock Exchange
END
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