Additional Listing

betinternet.com PLC 13 December 2002 betinternet.com plc ('betinternet' or the 'Company') Additional Listing and Directors' Interests The Company announces the issue of 8,000,000 ordinary shares of 1p each pursuant to a subscription agreement described in the circular to shareholders dated 17 November 2001. These shares are the third and final tranche of shares to be subscribed by Burnbrae Limited (7,500,000 shares) and Mark Child (200,000 shares), a director of the Company. The terms of the subscription agreement allow Mark Child to procure an alternative subscriber and as such, the balance of 300,000 shares have been issued to a third party. The ordinary shares qualify for the bonus issue of 1 warrant in respect of every 4 ordinary shares held, as such Burnbrae Limited qualifies to receive 1,875,000 warrants and Mark Child qualifies to receive 50,000 warrants. The third party subscribing for shares is eligible to receive 75,000 warrants. As a result of this transaction, Mark Child is now interested in a total of 1,350,000 ordinary shares, which represents 1.15% of betinternet's issued share capital. Jim Mellon, whose appointment as non-executive Chairman of the Company on 1 January 2003 was recently announced, is a beneficiary of a trust which holds the entire issued share capital of Burnbrae Limited. Burnbrae Limited is interested in 25,000,000 ordinary shares in betinternet which represents 21.4% of the Company's issued share capital. Separately, Mr Mellon is also interested in 18,000 ordinary shares in the Company. Application has been made for the new ordinary shares, which rank pari passu with existing ordinary shares, and the warrants to be admitted to trading on the Alternative Investment Market of the London Stock Exchange. It is expected that admission will become effective and dealings will commence on 17 December 2002. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Mothercare (MTC)
UK 100

Latest directors dealings