Preference Shares Conversion
30 March 2007 - 1:55AM
UK Regulatory
RNS Number:0160U
Sun 3C Media PLC
29 March 2007
Sun 3C Media Plc
Conversion of Preference Shares
The board of Sun 3C Media Plc ("S3C" or "Company") announces that it has
resolved to convert the existing 75,000,000 preference shares of Euro0.01 each in
the capital of the Company ("Preference Shares") into an equal number new
ordinary shares of Euro0.01 each ("Ordinary Shares") with immediate effect ("
Conversion").
As a result of the conversion, the issued share capital of the Company is now
486,467,792 Ordinary Shares and zero Preference Shares
The interests of the Preference Share holders in the Company immediately prior
to and following the Conversion were and are:
Prior to Conversion Following Conversion
Ordinary Shares Percentage of Ordinary Percentage of
issued share Shares issued share
capital capital
Sun Media Investment Holdings 41,300,000 10.0% 58,800,000 12.1%
Limited1
Mr Tom Jones2 10,000,000 2.4% 17,500,000 3.6%
Mr John McKeon2 3,246,667 0.8% 31,746,667 6.5%
Mr Gerald O'Mahony2 1,000,000 0.2% 2,500,000 0.5%
Note 1. Sun Media Investment Holdings Limited is a company controlled by Mr
Bruno Wu, a director of the Company.
Note 2. Mr Tom Jones, Mr John McKeon and Mr Gerald O'Mahony are directors of the
Company
Application has been made for the 75,000,000 new Ordinary Shares to be admitted
to trading on AIM with effect from 2 April 2007.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCILFEEVVIAFID
Sun 3C Media (LSE:SCCC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Sun 3C Media (LSE:SCCC)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Sun 3C Media (London Stock Exchange): 0 recent articles
More Sun 3C Media Plc News Articles