The Company announces that at a Board meeting held on 30 October 2006, 895,857 Ordinary Shares of 20p each ("Ordinary Shares") were allotted at a price of ¤0.45 per Ordinary Share under the terms of the existing convertible loan facility arrangement dated 26 July 2006.
In addition, the Company announces that at a Board meeting held on 1 November 2006, 826,720 Ordinary Shares of 20p each ("Ordinary Shares") were allotted at a price of ¤0.48 per Ordinary Share and 330,688 Unlisted Warrants were granted with an exercise price of ¤0.58 under the terms of the facility agreement dated 2 September 2006.
The enlarged issued share capital of the Company now consists of 40,693,162 Ordinary Shares.
Application for the admission to AIM of the Ordinary Shares will be made and dealings are expected to commence on 8 November 2006. The Ordinary Shares will, on admission to AIM, rank pari passu with, and will be identical in all respects to, the existing ordinary shares of the Company.
Application will also be made at the earliest practical opportunity for admission of the ordinary shares to trading on Euronext Amsterdam.
Enquiries
Should you have any queries please contact:
John Moore, CEO, Antonov plc +44 1842 768320
Jos Haag, Antonov plc +31 651 561 767
David Rae, Dawnay Day Corporate Finance +44 207 509 4570
Shane Dolan, Biddicks +44 207 448 1000
