Issue of Equity

RNS Number : 0150P
AIM Investments PLC
08 July 2010
 



8 July 2010

AIM Investments Plc

(the "Company")

Issue of Equity

Directors' Dealings

Under the terms of the agreement between the Company, Maji Capital Partners Limited ("Maji") and certain creditors of Maji (the "Maji Creditors"); Maji has discharged all amounts owed to it by the Company in consideration of which, the Company has issued, in aggregate, 19,962,000 new ordinary shares of 0.1p per share (the "Maji Shares") to the Maji Creditors.

Two of the Maji Creditors are also directors of the Company and so their interests in the Company will be increased as set out below:

Director

Number of Maji Shares received

Total Number of Shares held in Company

Percentage of issued share capital

Outstanding Options held

Andy Fletcher

664,060

2,000,000

1.46%

Nil

John Frankland

3,898,970

3,898,970

2.86%

Nil

The Maji Shares will rank pari passu with the ordinary shares already in issue.  Application has been made for the admission to trading of the Maji Shares and dealings are expected to commence at 8.00am on 13 July 2010.

Following the issue of the Maji Shares, the issued share capital of the Company is 136,519,100 ordinary shares of 0.1p each.  As the Company does not hold any shares in Treasury, this figure may be used by shareholders denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.

For further information please contact:

AIM Investments Plc

Alexandra Eavis

08702 701 111

Astaire Securities plc (Nominated Adviser and Broker)

Gavin Burnell, Antony Legge

020 7492 4750

www.aiminvestmentsplc.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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