Issue of Equity
December 14 2007 - 2:02AM
UK Regulatory
RNS Number:9049J
Petmin Limited
14 December 2007
Petmin Limited ("Petmin" or "the Company")
Issue of Equity
JSE: PET, AIM: PTMN
Petmin announces the issue of 13,000,000 new ordinary shares of ZAR0.25 each in
relation to an issue of shares for cash. These new ordinary shares were issued
at ZAR2.60, being a 10% discount to the 30 day volume weighted average share
price on 5 October 2007, pursuant to a subscription agreement entered into by
the Company on that date.
The Company has applied for these new ordinary shares, together with the
15,073,602 new ordinary shares issued in relation to the acquisition announced
by Petmin on 6 November 2007, to be admitted to trading on AIM, which is
expected to occur on 19 December 2007.
Following the issue of these shares, the Company has 507,963,602 ordinary shares
in issue.
Ends
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