Issue of Equity
06 November 2007 - 6:02PM
UK Regulatory
RNS Number:0761H
Betbrokers PLC
06 November 2007
Betbrokers plc
Issue of Equity
The Directors of Betbrokers plc (the "Company") are pleased to announce that the
Company has raised GBP300,000 before expenses through the placing of 7,500,000
new ordinary shares of 0.25p each (the "Placing Shares") at a price of 4p per
share (the "Placing"). The proceeds of the Placing will be used to further
develop Betbrokers' data and on-line services.
Application has been made for the Placing Shares to be admitted to trading on
AIM, which is expected to take place on 9 November 2007. Following the Placing,
the enlarged share capital of the Company will be 304,666,317 ordinary shares of
0.25p each.
The Placing Shares will rank pari passu in all respects with the existing issued
ordinary shares of 0.25p each, with each share carrying the right to one vote.
Enquires:
Betbrokers plc 0844 855 2100
Wayne Lochner (Chairman)
Stephanie Firminger (Company Secretary)
Hanson Westhouse Limited 020 7601 6100
Tim Metcalfe / Matthew Johnson
Media enquiries:
Abchurch Communications 020 7398 7716
Chris Lane / Franziska Bohnke
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEEANFSEFNXFFE
Betbrokers (LSE:BETB)
Historical Stock Chart
From May 2024 to Jun 2024
Betbrokers (LSE:BETB)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Betbrokers (London Stock Exchange): 0 recent articles
More Betbrokers Plc News Articles