Exercise of Share Warrant
2004年3月31日 - 8:43PM
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RNS Number:1571X
Costain Group PLC
31 March 2004
Costain Group PLC
Exercise of Share Warrant
Application has been made to the UK Listing Authority and to the London Stock
Exchange for the admission of 7,999,990 ordinary shares of 10p each fully paid
ranking pari passu with the existing ordinary shares, to the Official List and
to trading.
These shares are issued pursuant to a Share Warrant Instrument by way of Deed
Poll dated 29 March 2001 in which the Company's bankers were granted share
warrants in return for re-financing the Company's existing term facilities at
that time. A total of 1,600,000 warrants were issued and each warrant gave the
recipient a right to subscribe for ten ordinary shares at 10p each in the
Company. The exercise price was 112.25p per warrant. Following this exercise no
warrants remain outstanding.
31 March 2004
Enquiries:
Costain Group PLC Tel: 01628 842575 clive.franks@costain.com
Fax: 01628 842 544
Clive L Franks, Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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