Issue of equity and unlisted warrants 15-01-10
The Company announces that following a drawdown of €100,000 and issue of 175,198 Convertible Shares of 10 pence each and 65,000 Unlisted Warrants to Quivest B.V. on 24 December 2009 under the terms of the 18 February 2009 Equity Facility agreement, it has converted these shares into 175,198 Ordinary Shares of 10 pence each. The shares allotted include the settlement of the commission due under the Facility Agreement.