Issue of Equity and Directors Dealing (3381U)
21 December 2011 - 1:00AM
UK Regulatory
TIDMGBR
RNS Number : 3381U
Global Brands S.A.
20 December 2011
20 December 2011
Global Brands S.A. ("Global Brands" or "the Company")
Issue of Equity and Directors' Dealings
Issue of Equity
Global Brands S.A., an international business developing branded
food operations in Europe, including being the master franchise
owner for Domino's Pizza in Switzerland, Luxembourg and
Liechtenstein, is pleased to announce the completion of a Placing
which has raised GBP100,000 at a Placing price of GBP0.0138. The
Placing was subscribed for by Bruce Vandenberg, CEO of the
Company.
Following the Placing the Company has issued 7,250,000 new
ordinary shares of CHF0.02 each. Following this issue of shares,
the total number of shares in issue is 211,423,718.
Application has been made for the 7,250,000 new ordinary shares
to be admitted to trading on AIM and it is expected that admission
will take place on 23 December 2011.
The funds raised by this placing will be used to support the
Company's immediate working capital requirements.
Directors' Dealings
Following the placing, Bruce Vandenberg, either directly or
indirectly holds a total of 12,320,699 ordinary shares,
representing 5.83% of the Company's issued share capital.
For further information:
Global Brands S.A.
Simon Bentley, Chairman Tel: (0) 20 7317 8022
Bruce Vandenberg, CEO www.globalbrands.ch
Libertas Capital
Thilo Hoffmann Tel: (0) 20 7569 9650
Sandy Jamieson www.libertascapitalpartners.com
Alexander David Securities Ltd
Bill Sharp Tel: (0) 20 7448 9820
Fiona Kinghorn Tel: (0) 20 7448 9832
www.ad-securities.com
FTI Consulting
Jonathon Brill Tel: (0)20 7831 3113
Caroline Stewart www.fti.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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