Issue of Equity

 

TIDMMOGP 
 
RNS Number : 9820R 
Mountfield Group plc 
01 September 2010 
 

 
 
Press Release 
  01 September 2010 
 
                              Mountfield Group plc 
 
                        ("Mountfield" or the "Company") 
 
                  Issue of Equity and Appointment of Consultant 
 
 
Mountfield Group Plc (AIM:MOGP), the AIM listed construction group, announces 
that it has issued 4,000,000 new ordinary shares of 0.1p each ("Ordinary 
Shares") at an issue price of 3p per share to Peter Frohlich, who will join the 
Company as a Consultant. Application has been made for the shares to be admitted 
to trading on AIM with admission expected to take place on 7 September 2010. 
Following the issue of the new shares there will be 175,311,787 shares in issue 
 
The Board of Mountfield look forward to Peter Frohlich's involvement in the 
Company, Peter Frohlich is a respected figure in the property sector; He is a 
retired Chartered Certified Accountant and has been involved in the property 
business for over 40 years. 
 
Graham Read the CEO of Mountfield Group plc said "Peter brings with him a wealth 
of experience having been closely involved in a number of high profile property 
projects and has excellent and extensive experience in the commercial and 
residential property sectors and property finance. As a diversified building 
contract group, Mountfield look forward to leveraging this experience as it 
continues to develop opportunities in a broad range of construction work 
projects. 
 
 
 
For further information: 
 
+-----------------------------------+-------------------------+ 
| Mountfield Group plc              |    Tel: [phone] | 
| Graham Read, Chief Executive      |                    1516 | 
| Officer                           |                         | 
| Peter Jay, Executive Chairman     |                         | 
| www.mountfieldgroupplc.com        |                         | 
|                                   |                         | 
+-----------------------------------+-------------------------+ 
| Arbuthnot Securities Limited      |    Tel: [phone] | 
| Tom Griffiths                     |                    2000 | 
| Ed Gay                            |                         | 
|                                   |                         | 
+-----------------------------------+-------------------------+ 
| Media enquiries:                  |                         | 
|                                   |                         | 
| Hudson Sandler                    |    Tel: [phone] | 
| Nathan Field                      |                    4133 | 
| [e-mail]          |                         | 
|                                   |                         | 
+-----------------------------------+-------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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