Captive Audience Display Solutions plc
LSE : CADP

April 23, 2012 03:00 ET

Issue of Equity

                                                 
                              Captive Audience Display Solutions Plc
                                                 
                                     ("CADS" or "the Company")
                                                 
                                          Issue of Equity


The Board of Captive Audience Display Solutions Plc is pleased to announce that it has completed a
placement  of  24,735,084  new Ordinary Shares of nominal value Euro0.0001  each  at  a  price  of
GBP0.0175p (including share premium of GBP0.0174p)  resulting in the receipt of Euro522,632 by the
Company in respect thereof.

Following the placement, the issued share capital of the Company is 309,083,648 Ordinary Shares of
Euro0.0001.

The Directors shareholdings following the placing are as stated below:

Director Name                     No. of Ordinary Shares Now     Percentage of Issued Share Capital
                                                        Held                                   Held
Liam McGrattan*                                   13,982,674                                  4.52%
Lisa McDonnell                                     3,100,000                                  1.00%
Keith Jordan                                               -                                     0%
Graham Curtis                                      1,500,000                                  0.49%
                                                                                                   
TOTAL                                             18,582,674                                  6.01%
* Includes shares held by Wilhan Limited, a company controlled by Liam McGrattan.

The proceeds of the placement will be used for operating costs and working capital.

The substantial shareholdings following the placing are as stated below.

Substantial Shareholder                      No. of Ordinary Shares      Percentage of Issued Share
                                                           Now Held                    Capital Held
Liam McGrattan*                                          13,982,674                           4.52%
Fitel Nominees Limited <0080651>                         33,333,334                          10.78%
Idealing Nominees Limited <IDLNOM>                       51,299,178                          16.60%
Lynchwood Nominees Limited                               13,440,000                           4.35%
Roger Peter Norwich                                      11,728,000                           3.79%
                                                                                                   
TOTAL                                                   123,783,186                          40.04%
* Includes shares held by Wilhan Limited, a company controlled by Liam McGrattan.

The directors of the issuer accept responsibility for this announcement.

Contact Details:

Captive Audience Display Solutions Plc
Mr. Liam McGrattan
Tel. Ireland: +353 1 823 0510

LHM Casey McGrath
Mr. Con Casey
Tel. Ireland: +353 1 495 9200
Con.casey@lhmcaseymcgrath.ie

Contact Information

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