EIL Equity Pre

 
TIDMEIL 
 
For immediate release: 19 June 2009 
 
                      EQUITY PRE-IPO INVESTMENTS LIMITED 
 
                         ("Pre-IPO" or "the Company") 
 
                                Issue of Equity 
 
The Directors of Pre-IPO (AIM: EIL), the strategic pre-ipo investment company, 
announce that application has today been made for 19,018,392 ordinary Shares of 
1 pence each in the Company ("New Ordinary Shares") to be admitted to trading 
on the AIM Market of the London Stock Exchange ("AIM"). Admission of the New 
Ordinary Shares is expected to take place on 25 June 2009. 
 
Further to the Company's update announcement of 12 February 2009, 15,018,392 of 
the New Ordinary Shares are being issued to certain of the Company's creditors 
in final settlement of certain outstanding debts owed by the Company totalling 
GBP150,183.92 ("Debt Conversion") and 4,000,000 of the New Ordinary Shares are 
being issued pursuant to a subscription at 1 pence per Ordinary Share 
("Subscription") to raise GBP40,000 new funds for the Company (together "the 
Issue"). 
 
As part of the Issue, the Company has also secured a new two-year debt facility 
from one of the subscribers for up to GBP100,000 to enable the Company to 
continue operating until further equity finance can be raised. Furthermore, 
Jonathan Freeman, a non-executive director, has agreed, in recognition of 
Pre-IPO's current financial difficulties, to waive his directors' fees for the 
9 month period ending 30 June 2009. 
 
Following the Issue and the resultant reduction in the Company's liabilities, 
Pre-IPO's unaudited net asset value per share is expected to be approximately 
0.4 pence per Ordinary Share. 
 
Following Admission, the Company's issued ordinary share capital will comprise 
32,255,627 Ordinary Shares. All of the Ordinary Shares carry voting rights and 
this will be the figure which 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, or a change to their interest, in the issued 
share capital of the Company. 
 
The Company expects to announce its audited results for the year ended 31 
December 2008 before the end of June 2009. 
 
Paul Schreibke, a director of the Company, commented: 
 
"We are pleased to have concluded the Debt Conversion and Subscription and are 
grateful for the continued support from those creditors who will now become 
shareholders. We have secured the immediate future for the Company and are 
continuing to seek additional funds from interested parties for future 
investment. We will update the market in due course." 
 
For further information: 
 
Paul Schreibke +44 (0)1481 751 000 
 
Equity Pre-IPO Investments Limited 
 
Oliver Rigby +44 (0)20 7776 6550 
 
Daniel Stewart 
 
GTH Communications +44 (0)20 7153 8035 
 
Toby Hall/Christian Pickel 
 
 
 
END 
 

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