Etaireia Investments Plc
LSE : ETIP

March 28, 2014 03:00 ET

GBP 650,000 Equity Subscription

                                             ETAIREIA INVESTMENTS PLC
                                           ("Etaireia" or the "Company")
                                                         
                                          GBP 650,000 Equity Subscription

Etaireia is pleased to announce that the Company has raised £653,218 by way of a subscription for 326,609,010  new
ordinary  shares at a price of 0.2p pence per share. The new funds raised will be used to implement the  Company's
investment  strategy  which focuses on the property and real estate sector. As a result of this  subscription  
the following new ordinary shares have been issued:

Name of Shareholder                                                Number of Shares          % Holding in Company
Castle Trust & Management Services Limited  (Nicholas                 78,268,850                    13.09%
Fielder Beech)
Castle Trust & Management Services Limited (Brian Foster)             63,813,065                    10.67%
Mayer Management Limited                                              62,500,000                    10.45%
Swan Holding PCC Limited (Fedland Limited)                            50,000,000                    8.36%
Castle Trust & Management Services Limited (Marie Evans)              49,919,785                    8.35%
Castle Trust & Management Services Limited (Steven Vare)              22,107,310                    3.70%

Stuart  Black,  Executive Director of the Company commented: "We are delighted to have successfully concluded  our
first  fundraise  and this will give the Company the capacity to complete our first deal since  adopting  the  new
strategy approved at the recent general meeting."

Following the issue of the shares above, Etaireia has a total of 597,969,794 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