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Wednesday, 26 September 2007  

 
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Company Code Released Type Headline
ICP Biotechnology Limited BIO 4 Oct, 2007, 14:31 ALLOT ISSUE OF SECURITIES BY ICP BIOTECHNOLOGY LIMITED (BIO)
Full Text of Announcement
ISSUE OF SECURITIES BY
ICP BIOTECHNOLOGY LIMITED (BIO)

For the purposes of Listing Rule 7.12.1, BIO advises that it has issued new shares as follows:

Class of Security: Ordinary Shares (BIO)
ISIN: NZAPHE0002S6
Number issued: 22,988,505
Nominal value: Not applicable
Issue price: NZ$0.0522 each
Payment: Conversion of convertible notes into ordinary shares
Amount paid up: 100%
Percentage of total Class
of Securities issued: 5.8% (of the total number of ordinary shares on issue post- completion of the issue)
Reason for the issue: Conversion of convertible notes into ordinary shares at the election of the holder pursuant to the terms of the convertible note agreement dated 2 June 2006.
Authority for issue: Shareholder Resolution dated 31 October 2006, Directors' Resolution dated 14 August 2007 and the terms of the convertible notes.
Terms of issue: The new shares are credited as fully paid, and rank in all respects equally with the ordinary shares already on issue.
Total number of securities
of the Class in existence
after the issue: 399,618,574
Treasury stock: Not applicable
Date of issue: 4 October 2007


ICP BIOTECHNOLOGY LIMITED

Susanna Stoddart
On behalf of ICP Biotechnology Limited




 


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