Issue of Equity
October 12 2009 - 9:54AM
UK Regulatory
TIDMIHGP
For Immediate Release 12 October 2009
IN HOUSE GROUP PLC ("In House" or the "Company")
ISSUE OF EQUITY
The Company announces that, today, further to the announcement made on 3 July
2009 the Company has received a fourth tranche on the placing of GBP25,000 and
hence has issued 357,143 Ordinary Shares at 7p per share, being the equivalent
collar price following the share consolidation announced on 24 August 2009.
In addition, the placees have also been granted warrants on a one for one
basis, priced at the same price as the shares to which they relate, 7p per
warrant, exercisable at any date up to 30 June 2012.
As a consequence of the share issue Tahir Khaliq will hold 7.23% of the shares
in the Company being 496,904 Ordinary Shares, UEB Consulting will hold 7.28% of
the shares in the Company being 500,000 Ordinary Shares and Niva Von Weisl will
hold 3.81% of the shares in the Company being 261,905 Ordinary Shares.
Aryeh Ehrentreu has informed the Company that he has disposed of 285,714 shares
and now holds 1,131,710 Ordinary Shares representing 16.47% of the issued share
capital.
Application has been made for the 357,143 new Ordinary Shares, which will rank
pari passu with the existing Ordinary Shares, to be admitted to trading on AIM
and trading is expected to commence on 16 October 2009. As a result the
Company's enlarged issued share capital will be 6,872,386 Ordinary Shares.
Contact: Marcus Cassidy, In House Group Plc on 0845 061 9999
mcassidy@ihgroup.co.uk
Roland Cornish, Beaumont Cornish Limited,
0207 628 3396
END
IN House (LSE:IHGP)
Historical Stock Chart
From Dec 2024 to Jan 2025
IN House (LSE:IHGP)
Historical Stock Chart
From Jan 2024 to Jan 2025
Real-Time news about IN House (London Stock Exchange): 0 recent articles
More IN House News Articles