Issue of Equity
18 May 2007 - 2:52AM
UK Regulatory
RNS Number:8201W
Soccercity PLC
17 May 2007
Soccercity plc
(the "Company")
Issue of equity
The Company announces that it has raised #155,000, before expenses, via a
placing of 15,500,000 new ordinary shares of 1p each in the Company ("Ordinary
Shares") at 1p per share ("Placing Shares"), with one warrant attached to every
Placing Share. In addition, the Company has issued a further 15,786,418 new
Ordinary Shares following the conversion of certain convertible loan notes in
the Company. Application has been made for the admission of 31,286,418 new
Ordinary Shares to trading on AIM and dealings are expected to commence on 18
May 2007 ("Admission").
Following Admission, the Company will have 129,072,498 Ordinary Shares in issue.
For further information, please contact:
Norman Molyneux, Soccercity plc Tel: 01942 322 256
David Youngman, WH Ireland Ltd Tel: 0161 832 2174
This information is provided by RNS
The company news service from the London Stock Exchange
END
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