Pb27april2011 schreef:
27 April 2011
Antonov plc
(the “Company”)
Share Financing Facility
Issue of equity and unlisted warrants
The Company announces that following a drawdown of €350,000, under the terms of the 18 February 2009 Equity Facility (“Equity Facility”) agreement, it has issued 3,066,667 Ordinary Shares of 10 pence each.
Under the terms of the Equity Facility, the Ordinary Shares of the company have at times traded at a price that would require shares to be issued at less than their nominal value. The Company announces that in return for providing funding at a minimum nominal share value of £0.10 per share, that an upfront fee of €350,000 will be payable, which has been settled today by issuing 2,692,308 shares in the company.
The enlarged issued share capital of the Company now consists of 71,204,901 Ordinary Shares of 10 pence each.
Enquiries.
Please contact:-
Dr Jos E. Haag, Executive Chairman, Antonov plc
+44 1926 455 800
+31 651 561 767
enquiries@antonovplc.comwww.antonovplc.