Accura Animal Health Plc
LSE : ACPO

April 22, 2009 11:06 ET

Issue of Shares

                                                       
                                                                                               22/04/2009
                                                                                GB00B242X062/GBP/PLUS-exn
                                                       
                                           ACCURA ANIMAL HEALTH PLC
                                                       
                    BUSINESS:  Biopharmaceutical Company developing animal health products.
                                                       
                                                Issue of Shares


The  Board of Accura Animal Health plc ("Accura" or "the Company") announces the following issue  today
of ordinary shares of 1p each in Accura Animal Health plc:

        -   1,298,437 ordinary shares to Mike Wort at a price of 4.38p in settlement of amounts owing to MC Bio-
            Communications Ltd; and
            
        -   3,125,000 ordinary shares to SBI Bioventures Ltd at a price of 4.0p as part prepayment of amounts
            drawndown under the existing debt facility.  Following this share issue, SBI Bioventures Ltd is
            interested  in 3,625,000, which equates to 3.16% of the ordinary shares in issue of Accura.
        
Following  the  issue  of these shares the Directors are interested in a total  of  6,721,650  ordinary
shares  in  the Company which equates to 5.85% of the issued share capital.  There are now  114,826,348
ordinary shares in issue.

The directors of the issuer accept responsibility for this announcement.

CONTACT DETAILS:
Accura Animal Health plc
Richard Cave
TEL: 020 7451 3790

CORPORATE ADVISER:
St Helen's Capital plc
Duncan Vasey
TEL: 020 7628 5582

Contact Information

  • Accura Animal Health Plc