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  16,730 new ordinary shares of 0.01p each  in the Company at an aggregate
exercise price of £83.65.

Application  has been made to the  London Stock Exchange for the 16,730 ordinary
shares to be admitted to trading on AIM and admission is expected to occur on 5
September 2011.

Following  the above issue of  equity and the issue  of equity announced earlier
today,  the  issued  share  capital  of  the  Company will comprise 401,030,149
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#1542524] 
  

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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