Grant of Warrants
December 01 2006 - 5:11AM
UK Regulatory
RNS Number:0613N
Healthcare Enterprise Group PLC
01 December 2006
Healthcare Enterprise Group PLC ("the Company")
Award of Warrants
In consideration for arranging the recent Placing, Numis Securities Limited
("Numis") was entitled to a commission of 4 per cent. of the value of those
Ordinary Shares placed by Numis on behalf of the Company (excluding the Ordinary
Shares subscribed for by the Directors), amounting to GBP76,000 which has been
applied in subscribing for Ordinary Shares at the placing price of 3p per share
("Placing Price"). In line with all shareholders in the Placing, each
subscription for 4 Placing Shares includes the issue of 1 warrant. Consequently,
Numis has been awarded 633,333 warrants to subscribe for Ordinary Shares at the
Placing Price of 3p per share. Application has been made for the warrants to be
admitted to AIM. Admission is expected to become effective on 7 December 2006.
Following this additional listing, the total number of warrants over the
Company's ordinary shares will be 28,386,865.
This information is provided by RNS
The company news service from the London Stock Exchange
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