London Finance & Investment Group P.L.C. - Exercis
London Finance & Investment Group P.L.C. - Exercise of Warrants
London Finance & Investment Group P.L.C.
(Incorporated in England - No. 201151)
(S.A. Reg. No. 1980/05550/06)
("Lonfin")
Code: LNFO ISIN: GB0005264105
Exercise of Warrants
The Company announces that 3,744,939 ordinary shares of 5p each have been issued
following the exercise of warrants at an exercise price of 25p (289,2 cents)
each. This figure represents the balance of outstanding warrants and the
warrants now cease to have any value.
In addition, the Company has allotted 39,980 new shares of 5p each for cash at a
price of 32.5p, (379,4 cents) being the average closing middle market price of
the Company"s shares on the London Stock exchange for the five business days 31
October to 4 November inclusive, to increase its issued share capital to
30,000,000 shares of 5p each.
JSE Limited ("JSE") have granted a listing for the 3,784,919 new shares in the
Company from 14 November 2005, which shares will rank pari passu in all respects
with the existing ordinary shares.
16 November 2005
Sponsor
Imara Corporate Finance South Africa (Pty) Limited
Date: 16/11/2005 05:40:04 PM Produced by the JSE SENS Department
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