Issue of Equity (Replacement)


 

TIDMKSI 
 
RNS Number : 3169V 
Kleenair Systems International PLC 
29 October 2010 
 

The following amendment has been made to the ' Issue of Equity' announcement 
released on 26 October 2010 at 12:00 under RNS No 0154V. 
 
The number of shares issued to Entavo Trading AG Limited should read 500,000 not 
625,000 as previously announced.  Total shares issued, revised % and approximate 
monies raised have been adjusted accordingly. 
The full amended text is shown below. 
 
                       KLEENAIR SYSTEMS INTERNATIONAL PLC 
                                   (AIM: KSI) 
 
                                Issue of Equity 
Kleenair Systems International Plc ("Kleenair" or "the Company") announces that 
it has completed a placing of 1,455,000 new ordinary shares of 1 pence each 
("New Ordinary Shares") at a price of 40 pence per share raising new monies 
totalling approximately GBP582,000 ("the Placing"). 
 
The proceeds of the Placing will be used for working capital purposes and to 
further implementation of the Company's investment policy as agreed at the 
General Meeting on 3 August 2010. 
 
Further to the Placing the following shareholders have a disclosable interest: 
 
+----------------------------+-------------+-------------+---------+ 
|                            |     Placing |     Revised | Revised | 
|                            |      shares |       total |       % | 
|                            |    acquired |     holding |         | 
+----------------------------+-------------+-------------+---------+ 
| Pinnacle Investment        |     200,000 |    400,000  |    8.7% | 
| Management Limited         |             |             |         | 
+----------------------------+-------------+-------------+---------+ 
| Entavo Trading AG Limited  |     500,000 |    500,000  |   10.9% | 
+----------------------------+-------------+-------------+---------+ 
| Ottilia Investments        |     125,000 |    250,000  |    4.3% | 
| Limited                    |             |             |         | 
+----------------------------+-------------+-------------+---------+ 
| Challis International      |     625,000 |    625,000  |   13.6% | 
| Limited                    |             |             |         | 
+----------------------------+-------------+-------------+---------+ 
 
John Gunn is a director and shareholder of Pinnacle Investment Management 
Limited and is a substantial shareholder in Kleenair. The directors, having 
consulted WH Ireland Limited, the company's nominated adviser, consider that the 
terms of the transaction are fair and reasonable insofar as its shareholders are 
concerned. 
 
Application for these shares to be admitted to trading on AIM has been made and 
is expected to occur on 2 November 2010. The new Ordinary Shares will rank pari 
passu with the existing Ordinary Shares in issue. Following this issue the 
Company will have 4,476,546 Ordinary Shares of 1 pence each in issue. 
 
In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R), the 
Company confirms that, following this issue, its issued share capital comprises 
4,476,546 Ordinary Shares of 1 penny each, 400,932 Deferred Shares of 99 pence 
each and 122,120 B Ordinary Shares of 1 penny each. The Deferred Shares and B 
Ordinary Shares have no voting rights.  All of the Ordinary Shares have equal 
voting rights and none of the Ordinary Shares are held in Treasury. The total 
number of voting rights in the Company is therefore 4,476,546.  This figure may 
be used by shareholders as the denominator for the calculations by which they 
will determine if they are required to notify their interest in, or a change to 
their interest in, the share capital of the Company under the Disclosure and 
Transparency Rules. 
 
+--------------------------------+---------------------------------+ 
| Contacts:                      |                                 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| Kleenair Systems International |       www.kleenairsystems.co.uk | 
| plc                            |                                 | 
+--------------------------------+---------------------------------+ 
| Sarah Pozner, Company          |            +44 (0) 207 736 3498 | 
| Secretary                      |                                 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| Biddicks                       |              www.biddicks.co.uk | 
+--------------------------------+---------------------------------+ 
| Zoë Biddick                    |            +44 (0) 20 7448 1000 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| WH Ireland Limited             |            www.wh-ireland.co.uk | 
+--------------------------------+---------------------------------+ 
| JN Wakefield / Marc Davies     |            +44 (0) 117 945 3470 | 
+--------------------------------+---------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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