Ecovista Plc

February 01, 2012 11:44 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  GBP1.00  of  Loan
Notes.  After  this  conversion GBP 41,428 of 2013 Loan Notes remains  outstanding. The  60,000,000
Ordinary Shares have been issued to Mr Rudolph de Mendonca.

The  Company was also 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 Mendonca today is his only holding in the Company
and results in him owning 18.5% of the 323,572,208 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

1 February 2012

Contact Information

  • Ecovista Plc