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VTR plc ("VTR" or the "Company")
Issue of Equity
06thJune 2008
The board of VTR plc today announce the issue and allotment of 2,525,252 new ordinary shares in the Company to Prime Focus Limited, a major shareholder in VTR, as settlement of an inter-group loan in conjunction with the acquisition of Machine Effects Limited, details of which were announced on the 22 January 2008. As a result Prime Focus Limited will own 19,567,003 ordinary shares in the Company, representing 59.96 per cent. of the enlarged issued share capital of VTR.
Accordingly, application has been made for the 2,525,252 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 11 June 2008.
The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 32,631,528 ordinary shares.
Contacts
| Tony Bradley |
VTR plc,
Head, Group Communications |
020 7565 1000 |
Anshul Doshi
|
VTR plc,
Group Managing Director &
Finance Director |
020 7565 1000 |
Philip Davies
(Nominated Adviser) |
Charles Stanley Securities |
020 7149 6000 |
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