Information  X 
Enter a valid email address

Legendary Invest PLC (LEG)

  Print      Mail a friend

Tuesday 13 December, 2011

Legendary Invest PLC

Issue of Equity

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.

Contact:

 

 

Legendary Investments Plc

Zafar Karim / Rajesh Rai / Thomas Reuner

020 8201 3536

Grant Thornton Corporate Finance

 

Colin Aaronson/ Melanie Frean

 

020 7383 5100

Simple Investments

Nick Emerson/ Andrew Thacker

01483 413500

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEXLLLFFLFBFBV

a d v e r t i s e m e n t