Additional Listing
16 Abril 2007 - 9:57AM
UK Regulatory
RNS Number:9187U
Creative Education Corp Plc
16 April 2007
Creative Education Corporation Plc ("CEC" or "the Company")
Conversion of loans
Following the approval of the resolutions of the EGM on 12 April 2007, CEC
announces that it has applied for 295,311,889 ordinary shares to be admitted to
trading on AIM. The issue of these shares are the results of the conversion of
various shareholder debts as disclosed in the circular dated 20 March 2007.
Admission is expected to take place on 19 April 2007.
As a result of the issue of these shares, Laurence Davis, non-executive
director, is now a holder of 206,671,265 ordinary shares, representing
approximately 17.5%* of the enlarged issued share capital of the Company. In
addition, John Baker, a significant shareholder, is now a holder of 139,342,622
ordinary shares, representing approximately 11.8%* of the enlarged issued share
capital of the Company.
*Based on the total number of shares in issue being 1,178,139,938 ordinary
shares.
Enquiries:
Paul Ayres - CEC
07870 210643
Olly Cairns - Blue Oar Securities Plc
020 7448 4400
This information is provided by RNS
The company news service from the London Stock Exchange
END
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