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Issue of Equity

30th Sep 2011 16:38

RNS Number : 3544P
Redstone PLC
30 September 2011
 

Redstone plc

("Redstone" or "the Company")

Issue of Equity

 

The Company announces that it has issued 8.85 million ordinary shares of 0.1 pence each ("Ordinary Shares") to employees in lieu of bonus entitlements at the election of the Company.

 

Application will be made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on 3 October 2011.

Following Admission of the new Ordinary Shares the total number of Ordinary Shares with voting rights is 2,881,422,810.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in, Redstone under the FSA's Disclosure and Transparency Rules.

 

 

ENQUIRIES:

Redstone plc

Tel. +44 (0)7887 987469

Peter Hallett, Chief Financial Officer

FinnCap

Tel. +44 (0)20 7600 1658

Marc Young/ Charlotte Stranner

Hansard Communications

Nicholas Nelson/ Guy McDougall

Tel. +44 (0)20 7245 1100

 

 

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