Placing of Shares

RNS Number : 3930V

Marechale Capital PLC

11 January 2013

 



11 January 2013

Marechale Capital plc

("Marechale Capital" or the "Company")

Placing

Marechale Capital is pleased to announce that it has raised approximately £72,000 (before expenses) in a placing of 5,243,741 new ordinary shares of 1.0 pence each in the Company ("Ordinary Shares") at a placing price of 1.38 pence per share.

Three of the Company's directors, Mark Warde-Norbury, Patrick Booth-Clibborn and Robin Black, have each acquired 362,319 Ordinary Shares pursuant to the placing and the interests of the Company's directors in the enlarged share capital of the Company is shown in the table below:

Name	Shareholding	% of Ordinary Shares
Mark Warde-Norbury	5,899,725	10.23%
Patrick Booth-Clibborn	5,246,169	9.10%
Jon Pither	4,607,320	7.99%
Robin Black	1,362,319	2.36%
Howard Flight	638,060	1.11%
		30.78%

Application will be made for the new Ordinary Shares to be admitted to trading on AIM and this is expected to become effective on 17 January 2013.  Following admission of the new shares referred to above, the total number of Ordinary Shares in issue and voting rights will be 57,681,151 (no Ordinary Shares are held in treasury).

For further information please contact:

Marechale Capital Mark Warde-Norbury / Patrick Booth-Clibborn	Tel: [phone]
Smith & Williamson Corporate Finance Azhic Basirov / David Jones	Tel: [phone]

 

END

 

 

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