Portfolio

Alexander David Investments (ADI)

 0.11p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.33
  • 52 Week Low: 0.080
  • Currency: UK Pounds
  • Shares Issued: 443.07m
  • Volume: 600,000
  • Market Cap: £0.49m
  • RiskGrade: 43
  • Beta: 0.95

Issue of Equity

    



                        Alexander David Investments PLC

                            ("ADI" or the "Company")

                                Issue of Equity


ADI  (AIM: ADI)  announces that,  pursuant to  the exercise  of warrants, it has
issued  1,648 new ordinary shares  of 0.01p each in  the Company at an aggregate
exercise price of £8.24.

Application  has been made  to the London  Stock Exchange for the 1,648 ordinary
shares  to be admitted to  trading on AIM and  admission is expected to occur on
25 August 2011.

Following  the placing,  the issued  share capital  of the Company will comprise
401,002,056 ordinary shares of 0.01p each.



For further information, please contact:

 Alexander David Investments PLC      +44 20 8504 2156
 Percy Lomax


 Cairn Financial Advisers LLP         +44 20 7148 7900
 Nominated Adviser
 Liam Murray / Avi Robinson


 Alexander David Securities Limited   +44 20 7448 9820
 Broker
 David Scott / Bill Sharp








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Alexander David Investments PLC via Thomson Reuters ONE

[HUG#1539767] 
  

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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