The shares were created under the terms of the existing convertible loan facility arrangement from July.
The company also announced that 52,280 Ordinary Shares were issued at a price of EUR1.60 per share on conversion of Unsecured Convertible Loan Notes.
A further 525,000 Ordinary Shares of 20p each were allotted at a total price of EUR300,000 under the terms of a new facility agreement with Quivest BV, which also required the granting of 350,000 listed warrants to subscribe for new shares in the company.
Over 73,300 Ordinary Shares of 20p each were allotted to a creditor to settle an outstanding liability of EUR41,821.
The enlarged issued share capital of Antonov now consists of 37,303,745 Ordinary Shares.
The company will apply to list the new shares on AIM next week.
© Crimson Business Ltd 2006
