direct/ Antonov plc (NL) - Antonov plc Director´s Dealing and Issue of Equity
The Company announces that at a board meeting held yesterday 444,827 new ordinary shares of 20p each ("Shares") were allotted at prices ranging from EUR1.20 to EUR1.95 per share. Application will be made at the earliest practicable opportunity for admission of the Shares to trading on the Alternative Investment Market of the London Stock Exchange and with Euronext Amsterdam.Of the above-mentioned Shares, 74,526 were issued to David Bovell, a Director of the Company, in lieu of his 2005 salary. The calculation of number of shares due was based upon the January to December 2005 month-end closing mid-market prices of the Company´s shares on the Alternative Investment Market. Following the issue Mr Bovell will hold 157,851 Shares, amounting to 0.5% of the Company´s total issued share capital.
The remaining 370,301 shares were issued under the terms of the existing convertible loan facility arrangement dated 7 June 2005 and also as a result of the exercise of warrants for 250,000 shares.
The enlarged issued share capital of the Company now consists of 31,258,354 ordinary shares of 20p each.
Enquiries:
Antonov plc
John Moore, Chief Executive
+ 44 1223 421 740
Dawnay, Day Corporate Finance Limited
Jonathan Garbett/Rod Venables
+ 44 20 7509 4570
Biddicks
Shane Dolan
+ 44 20 7448 1000
PDF version press release
http://hugin.info/132838/R/1029016/164783.pdf
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