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]
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