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Cantono PLC (the "Company")
5 August 2008
Issue of Equity
Cantono PLC announces that at a board meeting held on 31 July 2008 it allotted 43,589 ordinary shares, at a price of 34 pence per share, with a nominal value of 20 pence each in the capital of the Company ("Ordinary Shares") in settlement of an outstanding loan relating to the purchase of NSA Solutions Limited as announced on 25 October 2006.
The new ordinary shares will rank pari passu with the existing shares in the Company. Accordingly, an application has been made for the new Ordinary Shares to be admitted to trading on AIM which is expected to take place at the earliest practical opportunity.
Contacts:
Cantono PLC
Eamus Halpin, Chief Executive 01895 444 420
Brewin Dolphin
Neil Baldwin, Director 0845 270 8612
ENDS