| 50,000,000 Ordinary shares of 50 pence (2005: 50,000,000
Ordinary shares of 50 pence) |
25,000 |
25,000 |
| Issued, called up and
fully paid: |
|
|
| 40,711,652 Ordinary shares of 50 pence (2005: 36,722,286
Ordinary shares of 50 pence) |
20,356 |
18,361 |
| Shares in issue at the date of this
report |
|
40,711,652 |
On 29th November 2006, 3,700,000 Ordinary shares were allotted
following a Placing at 625 pence per share, raising £23,125,000, before
costs of issue, principally to fund the Company’s share of the consideration
payable for the purchase of a 1.4 million sq. ft. site at Curzon Park,
Birmingham in an equal joint venture with Grainger PLC.
In addition, during the year, £913,224 cash consideration was also received
following the allotment of 289,366 Ordinary shares as a consequence of
the exercise of share options.
Share option schemes
As at 31st December 2006 and at the date of this Report the options outstanding
under the Company’s share option schemes were exercisable as follows
(price stated in pence per share): |
