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Cantono (CTNO)

Sector:

Software & Computer Services

Market Cap

£1.31m

Change Today

Price Down-0.50p ()

Share Price

4.50p

Issue of Equity

RNS Number : 6381A
Cantono PLC
05 August 2008
 



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



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