Issue of Equity

RNS Number : 3094Y

Empresaria Group PLC

03 July 2008

 

Empresaria Group plc (the 'Company')

Issue of Equity

The Company announces that application has been made to the London Stock Exchange plc for the admission to trading on AIM of 128,886 new Ordinary Shares of 5p each fully paid, ranking pari passu with the existing ordinary shares ('Ordinary Shares') and dealings are expected to commence on or around 8 July 2008. These new Ordinary Shares have been allotted as deferred consideration relating to the purchase of shares from minority shareholders in Lime Street Recruitment Limited and The Logistics Network Limited, both subsidiaries of the Company.  

The deferred consideration is made pursuant to original share purchase agreements between Empresaria and the employee shareholders of the companies.

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, following the admission of the shares described above, the total number of ordinary shares of 5p each in the Company will be 33,564,201. 

There are no shares held in treasury and therefore the total number of voting rights in the Company will be 33,564,201. 

The above figure may be used by shareholders as the 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 Company, under the Disclosure and Transparency Rules. 

Enquiries

Empresaria Group plc     Stuart Kilpatrick, Finance Director Madeleine Pallas, Head of Group Communications	01293 649 900
First City Financial Public Relations         Allan Piper	020 7424 2666
Kaupthing Singer & Friedlander Capital Markets Ltd Nicholas How Richard Savage	020 7203 5000

 

END

 

 

IOEDXLFBVDBFBBQ