Loan Note Conversion
18 July 2006 - 10:09PM
UK Regulatory
RNS Number:3604G
Adorian PLC
18 July 2006
For immediate release 18 July 2006
ADORIAN PLC
("Adorian" or the "Company")
Conversion of Loan Notes
The Company has accepted a request from Royalties Corporation for the conversion
of loan notes to the value of #17,000 and has agreed to allot 1,700,000 new
ordinary shares at 0.1p per share (the "Shares") to Bayshore Nominees Ltd in
accordance with the terms of the Loan Note Instrument.
The Shares will rank pari passu with all existing ordinary shares and
application is being made for the shares to be admitted to trading on AIM.
Adorian Plc
Leo Knifton/Nigel Weller Tel: 0207 251 3762
Beaumont Cornish Limited
Nominated Advisers
Roland Cornish Tel : 0207 628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
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