Abbeycrest Issue of Equity

    RNS Number : 9268W
  Abbeycrest PLC
  17 June 2008
   

    Abbeycrest plc ("Abbeycrest" or "the Company")

    Issue of equity, holding in company and voting rights and capital

    The Board of Abbeycrest announces that on 17 June 2008, it issued 2,600,000 new Ordinary
Shares of 10 pence each in the Company to John
Featherstone at a price of 12 pence per Ordinary Share ("the Share Issue"). 

    The Share Issue raised £312,000 for the Company before expenses. The funds raised will be
used to provide development capital for the
Company.

    Application will be made for the new Ordinary Shares to be admitted to the Official List
and dealing is expected to commence on Monday
23 June 2008.

    Following this transaction, John Featherstone has a beneficial interest in the share
capital of the Company of 2,600,000 Ordinary
Shares, representing 9.08% of the Company's total voting rights of 28,623,641 Ordinary Shares.

    For information:

 Abbeycrest plc
 Dave Chapman, Group Finance Director  Tel: +44 (0) 113 284 5702
                                       www.abbeycrest.co.uk 
 Evolution Securities Limited
 Joanne Lake                           0113 243 1619

This information is provided by RNS
The company news service from the London Stock Exchange
 
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