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Issue of Equity

27th Mar 2009 10:58

RNS Number : 6046P
Red24 PLC
27 March 2009
 



Red24 Plc

("Red24" or "the Company")

ISSUE OF EQUITY 

Red24 announces that it has issued 70,000 new ordinary shares of 1p at a price of 3p per share under the share loan scheme ("the Loan Scheme Shares")operated by the Company for the benefit of employees of Red24.

Application has been made for the Loan Scheme Shares, which will rank parri passu with the existing issued ordinary shares of the Company, to be admitted to trading on AIM and it is expected that dealings in the Loan Scheme Shares will commence on 2 April 2009.

For further information please contact:

 

Red24 plc

Simon Richards, Chairman

Tel: 020 3291 2424

Threadneedle Communications

Josh Royston / Graham Herring

Tel: 0207 653 9844

HB Corporate

Luke Cairns/Rory Creedon

Tel: 0207 510 8600

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