EBIV Eastbridge Inv

TIDMEBIV

RNS Number : 3833S

Eastbridge Investments PLC

07 July 2015

7 July 2015

Eastbridge Investments Plc

("Eastbridge" or the "Company")

Issue of Equity

Eastbridge investments Plc, the investment vehicle focussed on the property and real estate sector, is pleased to announce that the Company has raised a total of GBP100,000, through the issue of 11,494,252 new ordinary shares of no par value ("Subscription Shares"), at a price of 0.87p (the "Subscription") to new investors in the Company. The funds raised as part of the Subscription will be used by the Company for general working capital purposes.

Application has been made for admission of the Subscription Shares to trading on the AIM market of the London Stock Exchange plc ("AIM") ("Admission"). It is expected that Admission will take place and that trading will commence on AIM at 8.00 a.m. on 10 July 2015.

Upon Admission the Company will have a total of 233,421,987 ordinary shares of no par value in issue, of which 51,325,737 are held in treasury and accordingly the total number of voting rights in the Company at Admission will be 182,096,250. This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of Eastbridge under the FCA's Disclosure and Transparency Rules.

For further additional information please contact:

 
 Eastbridge Investments Plc              Tel: +44 (0)78 301 
  Gregory Collier                         82501 
 Nominated Adviser                       Tel: +44 (0)20 7382 
  Northland Capital Partners Limited      1100 
  William Vandyk / Matthew Johnson 
 Sole Broker                             Tel: +44 (0)20 7469 
  Peterhouse Corporate Finance Limited    0930 
  Fungai Ndoro/Lucy Williams 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOESSAFSWFISEEW

Eastbridge Inv (LSE:EBIV)
Historical Stock Chart
From May 2024 to Jun 2024

Eastbridge Inv (LSE:EBIV)
Historical Stock Chart
From Jun 2023 to Jun 2024