Etaireia Investments Plc
LSE : ETIP

April 08, 2014 02:00 ET

GBP 295,000 Equity Subscription

                                             ETAIREIA INVESTMENTS PLC
                                           ("Etaireia" or the "Company")
                                                         
                                          GBP 295,000 Equity Subscription

Etaireia is pleased to announce that the Company has raised £295,717 by way of a subscription for 147,858,930  new
ordinary  shares  at a price of 0.2p pence per share (the "Subscription"). The new funds raised will  be  used  to
implement the Company investment strategy which focuses on the property and real estate sector. As a result of the
Subscription, the Company is aware of the following interests in the share capital of the Company:

Name of Shareholder                                         Ordinary Shares held           % Holding in Company
Castle Trust & Management Services Limited  (Sarah               85,358,930                       11.44%
Wimpenny)
Mayer Management Limited                                         125,000,000                      16.76%
            
        
Following the issue of the shares above, Etaireia has a total of 745,828,724 ordinary shares in issue.

The  above figure may be used by shareholders as the denominator for the calculations by which they will determine
if  they  are  required to notify their interest in, or a change to their interest in, Etaireia  under  the  FCA's
Disclosure and Transparency Rules.

The Directors of the Company accept responsibility for this announcement.

ENDS

Enquiries:

Etaireia Investments Plc
Greg Collier
Tel:  07830 182501

Peterhouse Corporate Finance Limited
Fungai Ndoro
Tel:  020 7469 0934

Contact Information

  • Etaireia Investments Plc