Eurovestech PLC
19 December 2003
For Immediate Release
19th December, 2003
EUROVESTECH PLC
('Eurovestech' or 'the Company')
Additional Listing
The Company announces that it has today issued 200,000 new ordinary shares
divided equally between The City of London School Bursary Trust and The London
Youth Trust.
Application has been made for 200,000 new ordinary shares in the Company to be
admitted to AIM and it is expected that dealings in these shares will commence
on 6th January 2004. Richard Bernstein, Chief Executive of the Company, has paid
the £2,000 nominal value to facilitate their issue.
In addition, Richard Bernstein has gifted 200,000 existing ordinary shares from
his personal shareholding divided equally between the same benevolent
organisations. As a result, he now owns 59,800,000 ordinary shares, representing
23.3 per cent. of the issued share capital of the Company.
In our prospectus in March 2000 we made a commitment to issue within two years
4,000,000 ordinary shares to a selection of charities. To date, we have issued
4,400,000 shares to a total of 44 charities.
Eurovestech is pleased to note that together with the 4,400,000 shares donated
to the same charities from Richard Bernstein's personal holding, the stock
market value of shares in Eurovestech gifted to worthy causes now exceeds £1
million.
The Board is proud that so many great causes have been able to benefit from
Eurovestech's progress. We believe that this is an extremely simple and
effective method of corporate sharegiving and hope that other companies will
follow suit to support charities in this way. The full list of 44 charities is
available at www.eurovestech.com
This information is provided by RNS
The company news service from the London Stock Exchange
SE
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