Ecovista Plc
LSE : EVTP

January 06, 2014 05:52 ET

Issue of Shares

ECOVISTA PLC


Issue of shares

                                                     
Ecovista Plc (the "Company") is pleased to announce that it has issued 120,000,000 Ordinary shares  of  GBP
0.00001  as  a  result of the conversion of GBP 300,000 of the Convertible Unsecured Loan Notes  2014  (the
"2014 Loan Notes"). The 2014 Loan Notes are convertible into 400 ordinary shares for every GBP1.00 of  Loan
Notes. After this conversion the 2014 Loan Notes have no further balance outstanding.

After this issue the company now has 592,856,167 shares in issue.

The 120,000,000 Ordinary Shares have been issued as follows:-

Shareholder                     Number of        %age holding                Beneficial
                                shares           of total issued             Owner
                                allotted         share capital

Gatcombe Holdings Ltd           40,000,000       6.75%                      Mr Rohit Davda
Circle West Ltd                 40,000,000       6.75%                      Mr Varun Jairath
Pictou Ltd                      40,000,000       6.75%                      Mr Jigar Modi


The Directors of the Issuer accept responsibility for this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

ECOVISTA Plc
Finsgate
5-7 Cranwood Street
London
EC1V 9EE

Tel:  +44 (0) 20 7309 2223
Fax:  +44 (0) 20 7566 0023

Nick Michaels
Alfred Henry Corporate Finance Limited
Tel:  +44 (0) 20 7251 3762


6 January 2014

Contact Information

  • Ecovista Plc