Ecovista Plc

September 02, 2011 05:05 ET

Issue of shares

Issue of shares
Ecovista  Plc (the "Company") is pleased to announce that it has issued 60,000,000 Ordinary shares  of  GBP 0.00001
as a result of the conversion of GBP 20,000 of the Convertible Unsecured Loan Notes 2013 (the "2013
Loan  Notes").  The 2013 Loan Notes are convertible into 3,000 ordinary shares for every  GBP 1.00  of  Loan
Notes. After this conversion GBP 61,428 of 2013 Loan Notes remains outstanding.

The Company was advised today that Mr Mendoca's previous shareholding of 60,000,0000 Ordinary shares of GBP 0.00001
has been entirely disposed of.

As  a  result the 60,000,000 Ordinary Shares issued to Mr Rudolph de Mendonca today is his only holding  in
the Company and results in him owning 22.8% of the 263,572,208 Ordinary Shares now in issue.

The Directors of the Issuer accept responsibility for this announcement.


Ecovista PLC
Luca Tenuta
39 St James's street
London SW1A 1JD

Tel: +44 (0) 20 7290 1234

Jon Isaacs
Alfred Henry Corporate Finance Limited

Tel: +44 (0) 20 7251 3762

2 September 2011

Contact Information

  • Ecovista Plc