KSI Kleenair Sys

 

TIDMKSI 
 
RNS Number : 2059D 
Kleenair Systems International PLC 
27 November 2009 
 

KleenAir Systems International Plc ("the Company") 
 
 
Exercise of Option in relation to Convertible Loan Note 
 
 
27 November 2009 
 
 
The Company announces that under the secured loan note agreement dated 29 July 
2009 ("the Agreement") pursuant to a loan note instrument dated 29 July 2009 
("the Loan Note Instrument"), Global Investment Strategy (UK) Ltd 
("GIS") has exercised its option to subscribe for a further 32,248 GBP1 
convertible loan notes of the Company. 
 
 
These notes are to be issued on the same terms and conditions as set out in the 
Loan Note Instrument. 
 
 
The subscription for the further convertible loan notes will yield GBP29,317 
(after expenses) for the Company and the number of loan notes over which GIS 
holds an option to subscribe at GBP1 will reduce to 190,683 which includes a 
commission of 10% payable to GIS in the form of loan notes. 
 
 
Enquiries: 
 
 
KleenAir Systems International Plc 
Wayne Reid, Executive Chairman                        +44 (0) 7799 690 504 
 
 
 
 
W.H. Ireland                                                       +44 (0) 121 
265 6330 
Tim Cofman-Nicoresti 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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