Portfolio

Alexander David Investments (ADI)

 0.11p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.33p
  • 52 Week Low: 0.080p
  • 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  11,363 new ordinary shares of 0.01p each  in the Company at an aggregate
exercise price of £56.81.

Application  has been made to the  London Stock Exchange for the 11,363 ordinary
shares to be admitted to trading on AIM and admission is expected to occur on 5
September 2011.

Following  the placing,  the issued  share capital  of the Company will comprise
401,013,419 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#1542274] 
  

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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