Legendary Investments PLC
24 May 2000
Legendary Investments plc
Completion of Acquisition of Shares in
Legends Surf Shops plc
Further to the announcement on 25 April 2000, Legendary
Investments plc ('Legendary'), announces that all conditions
relating to completion of its investment in Legends Surf
Shops plc ('Legends'), an extreme board sports retailer,
having now been satisfied, it has acquired today 10,000,000
ordinary shares in Legends for an aggregate consideration
of £550,000, payable in cash.
At completion, the vendors will subscribe for 411,184
ordinary shares at a price of 12.16p per share, amounting to
£50,000 in aggregate.
Application has been made for the 411,184 ordinary shares
being issued to be admitted to trading on AIM and dealings
are expected to commence on 30 May 2000.
Enquiries:
Legendary Investments plc Tel: 020 7743 6010
Shami Ahmed, Chief Executive
Seymour Pierce Tel: 020 7648 8700
Sarah Wharry