RNS Number : 8328T
Legendary Investments PLC
12 December 2011
13 December 2011
Legendary Investments Plc ("Legendary" or the "Company")
ISSUE OF EQUITY
Legendary Investments is pleased to announce that it has raised GBP615,000 (prior to expenses), by way of a Placing of 615,000,000 ordinary shares of 0.10 pence nominal value each ("New Ordinary Shares") at par.
The funds will be applied to accelerating the Company's investment policy, progressing existing investments, taking advantage of suitable new situations, as and when they arise, and for working capital.
Application will be made for the 615,000,000 New Ordinary Shares to be admitted to AIM, such admission is expected to occur on or before 30 December 2011.
Following admission, the Company's enlarged issued share capital will comprise 1,575,167,198 ordinary shares with one voting right per share. There are no shares held in treasury and the total number of voting rights in the Company is therefore 1,575,167,198.
This figure of 1,575,167,198 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
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Contact:
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Legendary Investments Plc
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Zafar Karim / Rajesh Rai / Thomas Reuner
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020 8201 3536
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Grant Thornton Corporate Finance
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Colin Aaronson/ Melanie Frean
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020 7383 5100
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Simple Investments
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Nick Emerson/ Andrew Thacker
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01483 413500
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This information is provided by RNS
The company news service from the London Stock Exchange
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