Issue of Equity (Replacement)


 

TIDMKSI 
 
RNS Number : 0649W 
Kleenair Systems International PLC 
11 November 2010 
 

The following amendment has been made to the 'Issue of Equity' announcement 
released on 11 November 2010 at 07:00 under RNS No 9907V. 
 
The number of new ordinary shares being issued is 401,155 and the revised issued 
share capital comprises 4,880,701 Ordinary Shares of 1 penny each. 
 
All other details remain unchanged. 
 
The full amended text is shown below. 
 
                       KLEENAIR SYSTEMS INTERNATIONAL PLC 
                                   (AIM: KSI) 
 
                                Issue of Equity 
 
Kleenair Systems International plc ("KSI" or "the Company") announces that it 
has agreed to issue and allot 401,155 ordinary shares of 1 pence each ("New 
Ordinary Shares") in settlement of obligations under the Creditors Voluntary 
Arrangement approved by Shareholders on 24 June 2009 ("the CVA"). 
 
The Company has recently received notification from Antony Batty & Company LLP 
(the nominee of the CVA) that a resolution has now been reached between the 
remaining creditors and that the previously agreed amount of 401,155 ordinary 
shares are due to be issued.  It is proposed that the CVA shares be issued to 
the Creditors in accordance with the instructions received from Antony Batty & 
Co.  Further to this issue the Company will have no further obligations under 
the CVA. 
 
Application will be made for the New Ordinary Shares to be admitted to trading 
on AIM which is expected to occur on Thursday 18 November 2010. The New Ordinary 
Shares will rank pari passu with the existing Ordinary Shares in issue. 
Following this issue the Company will have 4,880,701 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 
4,880,701 Ordinary Shares of 1 penny each, 400,932 Deferred Shares of 99 pence 
each and 122,120 B Ordinary Shares of 1 pence 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 4,880,701.  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.kleenair-systems.com | 
| plc                            |                                 | 
+--------------------------------+---------------------------------+ 
| Sarah Pozner, Company          |            +44 (0) 207 048 9400 | 
| Secretary                      |                                 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| Square1 Consulting             |                                 | 
+--------------------------------+---------------------------------+ 
| David Bick / Mark Longson      |            +44 (0) 207 929 5599 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| 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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