HAO Hanover Cap

RNS Number:5324F
Hanover Capital Group PLC
23 December 2002

23 December 2002

Hanover Capital Group Plc

Allotment of Shares

The board of Hanover Capital Group Plc ("the Company") announces the allotment
of 1,416,666 Ordinary Shares of 1 p each at a price of 12 p per share in
settlement of #170,000 existing debts owed by the Company.

Application will be made for the new Ordinary Shares to be admitted to trading
on AIM.



For further information, please contact:

Michael Edelson, Non-Executive Chairman, Hanover Capital Group Plc       0161
274 3777

Ana Ribeiro/Simon Robinson, Parkgreen Communications
       020 7287 5544




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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