Antonov DD and Issue of Equity
RNS Number:6069O
Antonov PLC
22 December 2006
Antonov plc
("Antonov" or the "Company")
Directors' Dealing and Issues of Equity and Unlisted Warrants
The Company announces that at a Board meeting held on 18 December 2006, under
the terms of the facility agreement dated 2 September 2006, 266,667 Unlisted
Warrants were granted with an exercise price of #0.49 per share.
In addition, the Company announces that at a Board meeting held on 19 December
2006, under the terms of the existing convertible loan facility arrangement
dated 7 June 2005, 258,716 Ordinary Shares of 20p each ("Ordinary Shares") were
allotted at a price of Euro0.63 per share.
The Company further announces that at a Board meeting also held on 19 December
2006, under the terms of settlement for a creditor liability, 133,333 Ordinary
Shares were allotted at a price of Euro0.63 per share.
The Company also announces that at a Board meeting held on 20 December 2006,
under the terms of the facility agreement dated 2 September 2006, 404,040
Ordinary Shares were allotted at a price of Euro0.99 per Ordinary Share and 161,616
Unlisted Warrants were granted with an exercise price of #0.80 per share.
The Company announces that at a Board meeting held on 21 December 2006, 59,700
Ordinary Shares were allotted at a price of #0.67 per share. These Ordinary
Shares were issued to Christopher Ross, Chairman of the Company, in lieu of part
of his remuneration for the six months ended 31 December 2006. The calculation
of the number of shares was based upon the closing bid price of the Company's
shares on the Alternative Investment Market on 18 December 2006. Following the
issue Mr Ross will hold 59,700 Ordinary Shares, amounting to 0.1% of the
Company's total issued share capital.
The Company announces that at a Board meeting held on 21 December 2006, 80,000
Ordinary Shares were allotted at a price of #0.67 per share. These Ordinary
Shares were issued to David Bovell, a Director of the Company, in lieu of part
of his salary for the six months ended 31 December 2006. The calculation of the
number of shares was based upon the closing bid price of the Company's shares on
the Alternative Investment Market on 18 December 2006. Following the issue Mr
Bovell will hold 438,936 Ordinary Shares, amounting to 1.02% of the Company's
total issued share capital.
The enlarged issued share capital of the Company now consists of 43,141,002
Ordinary Shares.
Application for the admission to AIM of the Ordinary Shares allotted above will
be made and dealings are expected to commence on 29 December 2006. The Ordinary
Shares will, on admission to AIM, rank pari passu with, and will be identical in
all respects to, the existing ordinary shares of the Company.
Application will also be made at the earliest practical opportunity for
admission of the Ordinary Shares to trading on Euronext Amsterdam.
Enquiries
Should you have any queries please contact: -
John Moore, CEO, Antonov plc +44 1842 768320
Jos Haag, Antonov plc +31 651 561 767
David Rae, Dawnay Day Corporate Finance +44 207 509 4570
Shane Dolan, Biddicks +44 207 448 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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