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Friday, 24 November 2017

Issue of Equity

Etaireia Plc    

Published: 12:50 CET 24-11-2017 /GlobeNewswire /Source: Etaireia Plc / : ETIP /ISIN: GB00B1Z2XX18

Issue of Equity

24 November 2017

 

ETAIREIA INVESTMENTS PLC

(Etaireia" or the "Company")

 

Issue of Equity

 

Etaireia is pleased to announce that 24,166.667 new ordinary shares have been issued to Blue Oak Assets Limited (representing £21,750 at 0.09p per share) in full settlement of an outstanding loan to the Company.

 

The Company also announces that 22,222,222 new ordinary shares have been issued to Oliver Fattal (representing £20,000 at 0.09p per share) in partial settlement of deferred cash payment due relating to the acquisition of Pacha Cleator Limited.

 

Following the issue of the shares above totaling 46,388,889 shares, Etaireia has a total of 2,514,338,844 ordinary shares of 0.01p in issue carrying voting rights. As a result the Company is aware of the following interests in the share capital of the Company:

 

Name of Shareholder

Ordinary Shares held

% Holding in Company

Oliver Fattal

250,499,145

9.96%

 

Shareholders may use the above figure 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, Etaireia under the FCA's Disclosure and Transparency Rules.

 

The Directors of the Company accept responsibility for this announcement.

 

ENDS

    

Enquiries:

Etaireia Investments Plc 

Tel:  079 1756 5565

Baron Bloom, Chairman

  

NEX CORPORATE ADVISER:   

Alexander David Securities Limited 

David Scott - Corporate Finance 

James Dewhurst - Institutional Sales 

Telephone: +44 (0) 20 7448 9820 

http://www.ad-securities.com  49 Queen Victoria Street, London EC4N 4SA    

 

 





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Etaireia PLC, Cambridge House, Cambridge Road, 2nd Floor, Harlow Mill CM20 2EQ, United Kingdom
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