Cantina Augusto plc
LSE : CANP

April 23, 2009 12:19 ET

Issue of Equity

23 April 2009


                                        CANTINA AUGUSTO PLC
                                   SHAREHOLDINGS IN THE COMPANY


On  21  April 2009, it was resolved at a meeting of the Board of Directors of Cantina Augusto  Plc
(the  "Company") that 1,166,666 ordinary shares of 0.8p each be allotted at a price of 3p each  as
follows:

    *   500,000 to Michael Raymond Nash, Non-Executive Chairman, in lieu and full settlement of
        £15,000 of remuneration for the first full year of the Company;

    *   166,666 to Jeremy Porter in lieu and full settlement of £5,000 of fees invoiced to the
        Company; and

    *   500,000 to C F Secretaries Limited, Company Secretary and a company owned and controlled
        by John Green, in lieu and full settlement of £15,000 of remuneration for the first full 
        year of the Company.

In  addition,  on  22  April  2009, the Company received notification under  Section  198  of  the
Companies  Act  1985,  that  on 18 March 2009 Michael Raymond Nash, Non-Executive  Director,  sold
650,000 shares in the Company at 2.5p per share.

As  a  result of the above transactions there are now 13,269,916 Ordinary Shares in issue and  the
Directors holdings and significant shareholders are as set out below:


DIRECTORS
                                                                    Number of               % of
                                                                    Ordinary              Ordinary
                                                                     Shares                Shares
                                                                              
 Michael Nash                                                       500,000                  3.77
 Peter Parkinson                                                  1,195,312                  9.01
 Adriano Bernabei                                                   800,000                  6.03
                                                                                                 
 Total                                                            2,495,312                 18.81
                                                                              

Adriano  Bernabei has a legal and beneficial holding of 500,000 Ordinary Shares. 300,000  Ordinary
Shares are legally and beneficially owned by Augusto Bernabei.

SUBSTANTIAL SHAREHOLDERS
                                                                   Number of                % of
                                                                   Ordinary               Ordinary
                                                                    Shares                 Shares
                                                                              
 Jeremy Porter                                                    3,414,291                 25,73
 Jon Pither                                                       1,195,313                  9.01
 James Butterfield                                                  785,000                  5.92
 Mr J Blore & Mrs L Blore                                           500,000                  3.77
 Steven Hancock                                                     500,000                  3.77
 Mark Sims                                                          500,000                  3.77
 St Helen's Finance Plc                                             500,000                  3.77
 C F Secretaries Limited                                            500,000                  3.77

Jeremy Porter has a legal and beneficial holding of 416,666 (3.14%) of the Ordinary Share Capital.
2,997,625 (22.59%) are legally and beneficially owned by the Jeremy Porter Pension Fund, of  which
Jeremy Porter is the beneficiary.

John Green controls C F Secretaries Limited. In addition, John Green controls Listbasis, a company
which holds 250,000 (1.88%) of the Ordinary Share Capital and his wife, Anne Vivienne Green,  also
holds 250,000 (1.88%) of the Ordinary Share Capital

Also  on 21 April 2009, it was resolved at a meeting of the Board of Directors of the Company that
share options, exercisable for a period of three years from the date of issue at 3p per share,  to
the  value  of £50,000 be granted in lieu and full settlement of remuneration for the  first  full
year of the Company as follows:

    *   833,333 share options in the Company to a value of £25,000 to Edward Porter, who resigned
        as a director of the Company on 10 February 2009; and
        
    *   833,333 share options in the Company to a value of £25,000 to Peter Parkinson, Executive
        Director of the Company.


The Directors of the Company accept responsibility for this announcement.



                                             - ends -



CONTACT DETAILS:

Cantina Augusto Plc:     Adriano Barnabei       Tel: 0207 242 3246

Fisher Corporate Plc:    Gary Miller            Tel: 0207 388 7000

Contact Information

  • Cantina Augusto plc