Exercise of Warrants

(Thomson Reuters ONE) -




14 October 2010


API Group plc


Exercise of warrants


API Group plc ("API" or the "Company"), the specialist foils and packaging
materials group, announces that it has received a request to exercise warrants
at 1p per ordinary share by Barclays Bank Plc.  Application has been made for
the admission to trading on AIM of 3,506,336 ordinary shares of 1p, with
admission expected to take place on 15 October 2010.

The exercise of these warrants represents 100% of the total warrants granted to
Barclays Bank plc as part of the 3.5 year re-financing arrangements concluded in
November 2009.

Following the admission of these ordinary shares, the Company will have
76,633,062 ordinary shares in issue, of which 3,058,221 (4.0%) are held by the
API Group plc No 2 Employee Benefit Trust.


For further information, please contact:

API Group plc Tel: +44 (0) 1625 650334

Andrew Turner, Group Chief Executive

Chris Smith, Group Finance Director

Jane Hyndman, Company Secretary



Grant Thornton Corporate Finance Tel: +44 (0)20 7383 5100

Philip Secrett / Colin Aaronson

Numis Corporate Broking Tel: +44 (0)20 7260 1000
James Serjeant







[HUG#1451914]








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: API Group PLC via Thomson Reuters ONE

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Datum: 14.10.2010 - 11:02 Uhr
Sprache: Deutsch
News-ID 45568
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