WHG Wren (See LSE:WREN)

    RNS Number : 2719H
  Wren Homes Group PLC
  03 November 2008
   



    3 November 2008


    WREN HOMES GROUP PLC 
    ("Wren" or the "Company") (WHG/L)

    Issue of equity and Director's shareholding

    Wren Homes Group Plc, the AIM listed developer of Extra Care retirement living, together with a range of care and domiciliary services
for the independent and active elderly, announces that following an offer from Wren's CEO Paul Treadaway, the Board has agreed to convert an
amount of �55,000 owed to him by the Company, into 500,000 new Ordinary Shares of 10p each at a price of 11p per share. The new Ordinary
Shares will rank pari passu with the existing Ordinary Shares of the Company.

    Application has been made to the London Stock Exchange for these new Ordinary Shares to be admitted to trading on the AIM Market of the
London Stock Exchange. Admission is expected to take place on 7 November 2008.

    Following the issue of these shares, Wren has 52,422,387 fully paid Ordinary Shares in issue. In accordance with the Disclosure and
Transparency Rules, Wren confirms that its issued share capital as at the date of this announcement comprises 52,422,387 Ordinary Shares of
10p each. 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 Wren under the Disclosure and Transparency Rules. 

    Following this transaction, Paul Treadaway has an interest in 10,490,013 Ordinary Shares, representing 20.01 per cent. of Wren's
enlarged issued ordinary share capital.


    Enquiries: 

 Wren Homes Group plc                                                         
 Paul TreadawayCEO                                          Tel: 01372 742 244
 www.wrenhomesplc.co.uk                                                       
                                                                              
 Shore Capital                                                                
 Pascal Keane                                               Tel: 020 7408 4090
                                                                              
 Adventis Financial PR                                                        
 Tarquin EdwardsChris Steele   Tel: 020 7034 4758/59 07879 458 364 / 07979 604
                                                                           687

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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