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Issue of Equity

3rd Jun 2014 11:00

RNS Number : 7057I
32Red Plc
03 June 2014
 



32Red Plc("the Company")

 

Issue of Equity

 

The Company announces today that it has issued 1,724,490 new ordinary shares of 0.2p each to satisfy awards made on 3 June 2011 under the Company's approved Long Term Incentive Plan (LTIP). The following directors were included under the award:-

 

Director

Shares awarded under LTIP

Beneficial interest after award

% holding

Edward Ware

673,462

18,697,362

25.4%

Jonathan Hale

296,125

1,429,458

1.9%

Patrick Harrison

296,125

846,125

1.1%

 

Application has been made for 1,724,490 ordinary shares of 0.2p each to be admitted to trading on AIM. The New Shares will rank pari passu in all respects with the existing shares in issue and dealings in the New Shares are expected to commence on 9 June 2014. Following the admission of these shares to trading on AIM, a total of 73,680,056 ordinary shares are in issue.

 

3 June 2014

 

Enquiries:

32Red Plc

Tel: 00 350 200 49396

Ed Ware, CEO

Jon Hale, Finance Director

Numis Securities Limited

Tel: +44 (0) 20 7260 1000

Chris Wilkinson (Corporate Broking)

Michael Meade (Nominated Adviser) 

Instinctif Partners

Tel: + 44 (0) 20 7457 2020

Mark Reed

Jamie Ramsay

 

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

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