ACE LIBERTY & STONE PLC
ISSUE OF SHARES
The directors of Ace Liberty & Stone Plc ("Ace", the "Company") announce that they have issued 15,219,550
Ordinary shares at 2.05p per share to Dr Abdel-Karim el-Rousstom for cash consideration of GBP 312,000.
We were also informed today that Dr el-Rousstom has transferred 7,333,000 Ordinary shares to his adult son,
Dr Abdel-Karim el-Rousstom therefore now owns 38,494,550 Ordinary shares representing 14.40% of the issued
share capital of the Company.
The directors also wish to announce the issue of 2,781,225 to Kayssar Ghorayeb, our non-executive director.
Kayssar paid 3.5p per share resulting in a consideration of GBP 97,343. Kayssar's total holding now
comprises of 4,215,325 Ordinary shares or 1.58% of the Company.
Finally the directors also wish to announce that it has issued 1,111,429 Ordinary shares at 3.5p per share
to Mr Fadi Khat and 278,571 Ordinary shares at 3.5p per share to Mr Ghassan Khlat (the son of Mr Fadi
Khat)for consideration of the settlement of invoices for services. In a previous announcement we stated
that 11,111,111 Ordinary Shares had been issued to Mr Ghassan Khlat whereas in fact only 2,222,222 Ordinary
shares had been issued to Mr Ghassan Khlat and 8,888,888 shares had been issued to Mr Fadi Khat.
As a result Mr Ghassan Khlat now owns 2,500,793 Ordinary shares representing 0.94% of the issued share
capital of the Company and Mr Fadi Khat now owns 10,000,317 Ordinary shares representing 3.74% of the
issued share capital of the Company.
The Company now has 267,282,296 Ordinary shares in issue.
The Directors of the Issuer accept responsibility for the contents of this announcement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Eichhorn, Director
Ace Liberty & Stone Plc
Tel: 020 7201 8340
Alfred Henry Corporate Finance Limited
Tel: 020 7251 3762
28 March 2013