Director Shareholding
January 08 2004 - 2:00AM
UK Regulatory
RNS Number:9766T
Croma Group PLC
08 January 2004
Croma Group plc
("Croma" or "the Company")
In the prospectus published by Croma on 3 December 2003 it was stated that John
French, the Chairman of Croma, through Spread Trust Company Limited, had lent
the Company #15,000. It was also stated that this loan would be released in
exchange for the issue to Spread Trust Company Limited of 272,727 new ordinary
shares in the Company at 5.5p per share, treated as fully paid-up.
Accordingly, application has today been made for the admission of 272,727 new
ordinary shares to trading on the AIM market.
Following the admission of new ordinary shares to trading on AIM, John French
will be interested in a total of 890,445 ordinary shares, representing 1.71 per
cent. of the issued ordinary share capital of the Company.
Croma has also agreed today to issue 90,909 new ordinary shares at 5.5p per
share, treated as fully paid-up, to Hansard Communications Limited ("Hansard"),
Croma's financial public relations company, in consideration of services
rendered to Croma by Hansard.
Accordingly, application has today been made for the admission of a further
90,909 new ordinary shares to trading on the AIM market.
The new ordinary shares referred to above will rank pari passu with the existing
ordinary shares of the Company currently in issue and it is expected that
dealings in the new ordinary shares will commence on 14 January 2004.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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