8 Oct 2008 10:52
To: Company Announcements Date: 8 October 2008 Company: Keydata AIM VCT plc Subject: Conversion of C Shares into Ordinary Shares The Board of Keydata AIM VCT plc announces the conversion of the C Shares of 5peach into new Ordinary Shares of 1p each. The C Shares were issued by way of an offer for subscription launched in October2005 and the funds raised have been managed as a separate pool of assets fromthose attributed to the Ordinary Shares. The 17,719,270 C Shares have convertedinto 21,959,891 new Ordinary Shares on a net asset value basis and which rankpari passu with the existing Ordinary Shares. The conversion is in accordance with the Articles of Association of the Company,by reference to a conversion formula based on the relative net assets of theCompany on 30 September 2008, being the calculation date, as prescribed by theCompany's articles of association. Accordingly, the directors announce the issue of 21,959,891 new Ordinary Sharesand 66,635,489 Deferred Shares, which Deferred Shares have been purchased by theCompany in accordance with the Company's articles of association for anaggregate consideration of 67p and cancelled. Application will be made for the new Ordinary Shares to be admitted to theOfficial List and to trading on the London Stock Exchange's market for listedsecurities. An application will also be made for a cancellation of the admissionof the C Shares to the Official List and of the trading of the C Shares on theLondon Stock Exchange's market for listed securities. For further information contact: Craig McNeil, Company Secretary on 0141 228 6311 Copyright Business Wire 2008