Extension to Warrant Term


 

TIDMADID TIDMADIS 
 
RNS Number : 8805E 
Armor Designs, Inc. 
31 December 2009 
 

 
 
31 December 2009 
 
 
Armor Designs Inc. 
("Armor Designs" or "the Company") 
 
 
Extension to Warrant Exercise Term 
 
 
Armor Designs Inc. (the "Company"), the knowledge based designer and 
manufacturer of composite armour, announces that the Board of Directors has 
agreed to extend the exercise term of the outstanding pre-IPO (prior to December 
31, 2007) warrants ("Warrants") over 1,822,500 common shares of US$0.001 each in 
the Company ("Common Shares") from 31 December 2009 to 31 December 2010. 
 
 
The Warrants are exercisable at a subscription price of US$12.50 per Common 
Share and were granted to the holders of Bonds that converted into common shares 
of the Company upon the Company's first admission to AIM on 31 December 2007. 
 
 
 
 
For further information please contact: 
 
 
+-----------------------------------------------+----------------------------+ 
| Armor Designs, Inc.                           |                            | 
+-----------------------------------------------+----------------------------+ 
| Phil Clement, Interim CEO                     | Tel: +1 602 275 4633       | 
+-----------------------------------------------+----------------------------+ 
| Phil.Clement@armordesigns.com                 | www.armordesigns.com       | 
+-----------------------------------------------+----------------------------+ 
 
 
+-----------------------------------------------+----------------------------+ 
| Shore Capital and Corporate Ltd               |                            | 
+-----------------------------------------------+----------------------------+ 
| Guy Peters                                    | 020 7408 4090              | 
+-----------------------------------------------+----------------------------+ 
|                                               | Guy.peters@shorecap.co.uk  | 
+-----------------------------------------------+----------------------------+ 
 
 
Media enquiries: 
 
 
+-----------------------------------------------+----------------------------+ 
| Brunswick Group LLP                           |                            | 
+-----------------------------------------------+----------------------------+ 
| Michael Harrison/Chris Blundell/Ekaterina     | Tel: +44 20 7404 5959      | 
| Alferova                                      |                            | 
+-----------------------------------------------+----------------------------+ 
 
 
Notes to editors 
 
 
Armor Designs, Inc. ("ADI") is a knowledge-based company specializing in 
next-generation composite material design, manufacture, prototyping and testing 
for applications and products for the armour industry. 
 
 
ADI uses a proprietary design and manufacturing process called VCM to rapidly 
develop new composite armour products of superior ballistic, weight and 
flexibility.  The VCM process is protected by patents and trade secrets licensed 
to ADI in perpetuity for use in field of armour. 
 
 
For more information on Armor Designs, Inc., please go to www.armordesigns.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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