Conversion of Securities

Conversion of Securities

R.E.A.Hldgs PLC

R.E.A.Hldgs PLC 09 October 2006 R.E.A. Holdings plc (the "company") On 3 October 2006, the company announced it had received notices from holders of 371,918 warrants exercising the subscription and conversion rights attaching to those warrants ahead of the final exercise date of 29 September. Accordingly the company allotted 371,918 ordinary shares of 25p which were admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities on 9 October 2006 As a result of the exercise of warrant rights and allotment of ordinary shares referred to above, the company has received notification of changes in interests in the company of the following two directors and person discharging managerial responsibility: Name of No of warrants No of ordinary Total no Percentage of director exercised at 60p shares allotted of ordinary shares in per ord. share ordinary issue shares held R M Robinow 91,555 91,555 105,000 0.34% J M Green-Armytage 21,000 21,000 80,704 0.26% Name of PDMR R E Landon 17,000 17,000 54,336 0.18% The company has also received notification of a change in interest in the company of the following shareholder with a major interest: Name of No of No of Total no of Registered Percentage of holder warrants ordinary ordinary holder of ord. ord. shares in exercised shares shares held shares held issue allotted Emba Holdings 41,420 41,420 9,925,000 Emba Holdings 32.22% Limited Ltd 779,612 Perry Nominees Ltd 9,145,388 Holders of 266,031 warrants have not exercised their subscription and conversion rights and it is expected that such warrants will be exercised on their behalf by the company by 30 October 2006, sold and the net proceeds after deduction of 60p per warrant distributed. As a result Mr R M Robinow's interest in 17,745 warrants will cease. This information is provided by RNS The company news service from the London Stock Exchange
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