Etaireia Investments Plc
LSE : ETIP

August 29, 2013 05:00 ET

Issue of Equity

                                                                                      GB00B1Z2XX18
                                                                                    29 August 2013

                                     ETAIREIA INVESTMENTS PLC
                                   ("Etaireia" or the "Company")
                                                 
                                          Issue of Equity
                                                 
Etaireia  announces  that  following receipt of a notice from Ashwillow Limited  ("Ashwillow")  to
convert  £15,000 nominal of unsecured, zero coupon convertible loan notes, the Company has  issued
15,000,000 ordinary shares in the Company at the conversion price of 0.1 pence per share.

As  a result of this allotment, Ashwillow holds a total of 35,102,429 ordinary shares representing
20.48% of the issued share capital of the Company.

In  accordance  with the FCA's Disclosure and Transparency Rules, the Board of  Etaireia  confirms
that  following the above allotment, the Company has 171,360,784 ordinary shares of 0.1p in  issue
carrying voting rights.

The above figure may be used by shareholders as the denominator for the calculations by which they
will  determine  whether  they are required to notify their interest in,  or  a  change  to  their
interest in, the Company 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:  078 3018 2501

Peterhouse Corporate Finance Ltd
Eran Zucker
Tel:  020 7469 0932



Contact Information

  • Etaireia Investments Plc