CAPT Capital Ideas

RNS Number:4884N
Capital Ideas PLC
07 February 2008


7 February 2008

CAPT.L
                               Capital Ideas plc
                       (the "Company" or "Capital Ideas")

                          Investment in Worldlink plc


The board of Capital Ideas is pleased to announce that on 6 February 2008, as
part of a fundraising being undertaken by Worldlink plc ("Wordlink"), a company
that owns a patented process that provides data over mobile phone networks,
Capital Ideas has provided certain services and has received 9,754,399 ordinary
shares of 0.001 pence each in Worldlink ("Wordlink Shares") in lieu of
arrangement fees.  At that time, the Company also made an investment of �100,000
in cash in Worldlink for which it received a further 790,514 Worldlink Shares.
Following the investment, Capital Ideas holds a total of 10,544,913 Worldlink
Shares, representing 1.067% of its issued share capital.


Worldlink's patented process allows an initial download of a set of data
selected by the recipient (for example the current prices of a portfolio of
stocks) which is automatically updated as individual items change (for example
when a stock price moves).  The process is not restricted to financial data, it
applies to any type of data for example live train times, flight times, auction
sites like eBay, sports results, etc and is compatible with all types of mobile
communications networks, regardless of their current or future protocols.


Renwick Haddow, Chairman of Capital Ideas commented: "We are very excited by
this investment and the credibility and the backing this technology has already
received."


For more information, please contact:


Renwick Haddow               Capital Ideas plc                   020 7329 4000

Dan Bate                     WH Ireland Limited                  0161 832 2174

Ian Callaway                 SVS Securities plc                  020 7638 5600


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCIIFLTFAIDIIT

Capital Ideas (LSE:CAPT)
Historical Stock Chart
From May 2024 to Jun 2024

Capital Ideas (LSE:CAPT)
Historical Stock Chart
From Jun 2023 to Jun 2024