AVI Avisen

TIDMAVI

RNS Number : 7894W

Avisen PLC

03 February 2012

03 February 2012

Avisen plc (AIM:AVI)

("Avisen" or the "Company")

Additional Listing

Avisen plc (AIM: AVI) announces today that it shall allot a total of 1,646,080 ordinary shares of 1p in the Company ("Ordinary Shares") to unconnected third parties in lieu of services provided to the Company. The 1,646,080 new Ordinary Shares ("New Ordinary Shares") comprise 644,330 Ordinary Shares issued fully paid at a value of 3.88p per share and 1,001,750 Ordinary Shares issued fully paid at a value of 4p per share.

An application has been made to the London Stock Exchange for 1,646,080 Ordinary Shares to be admitted to trading on AIM and it is expected that admission will occur at 8.00 a.m. on 9 February 2012. Following admission, the Company will have 350,415,354 Ordinary Shares in issue, and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Avisen. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.

- Ends -

For further information, please contact:

 
Avisen PLC 
 Marcus Hanke, CEO / Claire Milverton, 
 CFO                                     0870 880 2978 
Strand Hanson 
 James Harris/Paul Cocker                0207 409 3494 
Bishopsgate Communications 
 Deepali Schneider/ Lynne Goulding       020 7652 3350 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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