24th Sep 2008 15:27
Merchant House Group Plc (the "Company")
24 September 2008
Issue of Equity
The Company announces that it has issued, on 18 September 2008, 4,700,000 new ordinary shares of 0.5p each ("Ordinary Shares") in connection with the conversion of loan notes and exercise of rights.
Application has been made today for the 4,700,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 30 September 2008.
As a result of the issue of the new Ordinary Shares, the issued share capital now comprises 86,146,600 Ordinary Shares. There are no shares in treasury and there is no other class of share in issue which has voting rights. Consequently the Company's total number of voting rights is 86,146,600 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FSA's Disclosure and Transparency Rules.
Ends.
Enquiries:
Merchant House Group Plc
Martin Eberhardt
Tel: 020 7332 2200
Shore Capital and Corporate Limited
Pascal Keane
Tel: 020 7408 4090
Related Shares:
MHG.L