Additional Listing
29 Abril 2003 - 12:36PM
UK Regulatory
RNS Number:5179K
Eurovestech PLC
29 April 2003
For immediate Release
29th April, 2003
Eurovestech PLC ("the Company")
Additional Listing
The Company announces it has made an application for the admission of 477,014
Ordinary Shares to be admitted to trading on AIM. These shares have been issued
pursuant to the authority granted on16th July, 2001, of which 122,333 Ordinary
Shares are in satisfaction of certain invoices rendered to the Company by
providers of services and 118,227 Ordinary Shares have been allotted to each of
the non-executive directors, namely Quentin Solt, Richard Grogan and Alfred
Elbrick, in satisfaction of directors fees for the four month period ended 31st
March, 2003.
It is expected that dealings in the said shares will commence on 7th May, 2003.
Non-executive Directors' Remuneration
In September 2001, Eurovestech announced that the Company's non-executive
directors had agreed, until further notice, to receive ordinary shares in the
Company in lieu of their directors' fees of #15,000 each per annum.
The non-executive directors have now agreed that with effect from 1st April
2003, their remuneration will be reduced to #1,000 each per annum and will no
longer be payable in shares.
Further enquiries:
Eurovestech plc
Richard Bernstein, Chief Executive Tel: 020 7491 0770
This information is provided by RNS
The company news service from the London Stock Exchange
END
LISSEIFIUSDSEDL