Issue of Equity
15 January 2008 - 2:04AM
UK Regulatory
RNS Number:7289L
Dermasalve Sciences PLC
14 January 2008
DermaSalve Sciences plc
Issue of Equity
The Directors of DermaSalve Sciences plc announce that they have issued and
allotted 550,000 ordinary shares of 1p each (the "New Shares") to Trafalgar
Capital Specialized Investment Fund FIS, pursuant to the receipt of a notice of
conversion dated 14 January 2008. The issue price will be determined in
accordance with the terms of the convertible loan agreement as announced on
5 October 2007.
Application will be made for the New Shares to be admitted to trading on AIM,
which is expected to take place on 18 January 2008. Following the issue of the
New Shares, there are 102,314,558 ordinary shares in issue.
Enquiries:
DermaSalve Sciences plc 0191 260 5070
Phil Pattison, Finance Director
www.dermasalve.com
Hanson Westhouse Limited 0113 246 2610
Tim Feather / Matthew Johnson
This information is provided by RNS
The company news service from the London Stock Exchange
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