PROVENTEC : Conversion of Loan Notes
Proventec plc (AIM:PROV, Alternext:ALPTC), a provider of specialist steam cleaning and coatings technologies, announces that it has received a conversion notice from a holder of the 8.5% Fixed Rate Convertible Guaranteed Unsecured Loan Notes 2012, to convert GBP 4,000 of loan notes into 8,000 ordinary shares.
Accordingly, 8,000 new Ordinary Shares in the Company have been issued and application has been made for them to be admitted to trading on AIM with effect from 14 October 2009
The Company now has 15,427,719 shares in issue.
- Ends -
For further information, please contact:
|David Chestnutt, Chief Executive||Tel: + 44 (0) 151 706 0626|
Seymour Pierce Limited
|Nicola Marrin / Christopher Wren||Tel: + 44 (0) 20 7107 8000|
|Stephanie Cuthbert / Simone Alves||Tel: +44 (0) 20 7398 7718|
Notes to editors:
Proventec manages a complementary portfolio of integrated businesses that specialise in hygienic solutions and preventative coatings technologies. Headquartered in Liverpool, UK, the Company operates in global markets, pioneering developments within the healthcare, food manufacturing, hospitality industries, transportation, construction, and other sectors. Companies in Proventec's portfolio include:
|OspreyDeepClean||The world's leading provider of low pressure, chemical-free, specialist dry saturated steam cleaning technology.||34|
|Contico Manufacturing||Provider of general cleaning products and janitorial equipment and supplies.||45|
|Frank||Manufacturer and distributor of automated cleaning systems and products including portable high pressure washers, self-service vehicle wash stations and dry steamers.||22|
|CryoJet||Provider of a specialised, industrial cleaning service, utilising steam and proprietary dry-ice technology.||25|
|Magma Firestop||Develops a wide range fire retardant coatings, for the treatment of building and thatching materials.||4|
|InnoShield Systems||Develops transparent coatings protecting against UV rays and corrosion.||1|
Proventec Healthcare provides innovative solutions for infection control and effective cleaning in the healthcare sector. The Company's specialist steam cleaning technology has been successfully proven in clinical trials with University College London Hospitals to rid all areas and combat the spread of micro-organisms, including 'superbugs' such as MRSA and Clostridium difficile. The Company has developed specialist, patented tooling, which has been designed to be used within hospitals on a daily basis and enable the user to clean difficult to reach areas including mattresses, bed frames and curtains without the use of antimicrobial chemicals that may contribute to microbial resistance.
The Company joined the AIM Market in June 2002 and was dual listed on Alternext in May 2008. For further information please visit www.proventecplc.comInformation réglementée
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