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Issue of Equity

19th Jan 2011 16:22

RNS Number : 7648Z
Stilo International PLC
19 January 2011
 



Stilo International plc

 

Issue of Equity

 

The Board of Stilo International plc ("Stilo" or the "Company") (LSE:STL), the AIM quoted software and services company, announces that following the exercise of options by an employee, 80,000 ordinary shares in the Company have been issued and allotted.

 

Accordingly, application has been made for the 80,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 25 January 2011.

 

The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 109,808,470 ordinary shares.

 

19 January 2011

 

Enquiries:

 

Stilo International plc 01793 441444

Les Burnham, Chief Executive

 

Charles Stanley Securities 020 7149 6000

Nominated Adviser

Russell Cook / Carl Holmes

 

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