Issue of Equity
28 August 2010 - 3:00AM
UK Regulatory
TIDMCHC
RNS Number : 8062R
Charles Street Capital PLC
27 August 2010
Charles Street Capital plc / EPIC: CHC / Market: AIM
Charles Street Capital plc ("CSC'" or the "Company")
Issue of new shares
The Board of Charles Street Capital plc, the AIM listed natural resources
investment company, announces that, in accordance with the terms of their
resignations, it has issued an aggregate of 21,000,000 new ordinary shares of
0.1p (the "Shares") (credited as fully paid) to certain ex-directors of the
Company.
The Shares will represent approximately 2 per cent. of the Company's enlarged
issued share capital. Application will be made for the admission of the Shares
to trading on AIM and it is expected that dealings in the new shares will
commence at 8.00 a.m. on 6 September 2010. The Shares will, when issued, rank
pari passu in all respects with the existing Ordinary Shares, including the
right to receive dividends and other distributions declared following Admission.
Following completion of the allotment of the Shares there will be 1,049,170,652
ordinary shares of 0.1 pence each in issue.
**ENDS**
+--------------+----------------------+---------------------+
| For further information on the Company visit |
| www.charlesstreetplc.com or contact: |
+-----------------------------------------------------------+
| |
+-----------------------------------------------------------+
| Nicholas Lee | Charles Street | Tel: 0203 006 0260 |
| | Capital plc | |
+--------------+----------------------+---------------------+
| Damian | Charles Street | Tel: 0203 006 0260 |
| Conboy | Capital plc | |
+--------------+----------------------+---------------------+
| Nick | Allenby Capital | Tel: 0203 328 5656 |
| Naylor/Alex | Limited | |
| Price | | |
+--------------+----------------------+---------------------+
| Hugo de | St Brides Media & | Tel: 020 7236 1177 |
| Salis | Finance Ltd | |
+--------------+----------------------+---------------------+
| Elisabeth | St Brides Media & | Tel: 020 7236 1177 |
| Cowell | Finance Ltd | |
+--------------+----------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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