Upstream Marketing and Comms Inc.
25 April 2008
Upstream Marketing and Communications Inc.
('Upstream' or 'the Company' - Stock Code UPS.L)
Upstream announces that application has been made for admission of 856,400
ordinary shares of 0.25p each ('Ordinary Shares') to trading on AIM.
The Ordinary Shares have been issued to the vendors of Upstream Australia
(formerly Macro Consulting) as the first tranche of deferred consideration
payable in respect of the acquisition of Upstream Australia by the Company,
following the achievement of certain performance criteria by Upstream Australia
for its financial year ended 31 December 2007.
It is expected that admission will become effective and that dealings in the
Ordinary Shares will commence on 1 May 2008.
Following the issue of these shares, the Company's issued share capital will
consist of 137,401,194 Ordinary Shares, with voting rights. The Company does not
hold any Ordinary Shares in Treasury.
The above figure of 137,401,194 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculation 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 Upstream under the FSA's Disclosure and Transparency
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