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Breedon Aggregates Ltd Announces Exercise Of Warrants


Friday, 24 May 2013 05:08am EDT 

Breedon Aggregates Ltd announced that it has received notice to exercise warrants over 7,002,287 ordinary shares of no par value (Ordinary Shares) from Bank of Ireland (UK) plc at an exercise price of 12 pence per Ordinary Share. Accordingly, the Company will issue, in aggregate, 7,002,287 new Ordinary Shares in settlement of this exercise (the Warrant Exercise). These warrants were issued in August 2010 as part of the reverse acquisition of Breedon Holdings Limited. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM (Admission). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence on May 30, 2013. 

Company Quote

40.0
0.25 +0.61%
7:14am EDT