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Issue of Equity

5th Aug 2015 16:29

RNS Number : 2322V
Iafyds PLC
05 August 2015
 

 

Iafyds plc

("Iafyds" or the "Company")

 

Issue of equity

 

The Company announces that, further to the announcement of the reverse takeover and placing on 3 August 2015, it has issued 6,534 Ordinary Shares of 0.003 pence each in order to facilitate the proposed consolidation of the Company's share capital on a 1 new ordinary share for every 10,000 existing ordinary shares basis.

 

Application has been made for the Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 11 August 2015. Following Admission the total number of voting rights in Iafyds will be 10,056,430,000 Ordinary Shares. This number 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 FCA's Disclosure and Transparency Rules.

 

 

Contact:

 

Iafyds PLC

Clive Carver, non-executive Chairman 07743 897 081

 

finnCap Limited (nominated adviser & broker)

Geoff Nash / Scott Mathieson 0207 220 0500

 

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