Etaireia Investments Plc
LSE : ETIP

December 18, 2013 04:53 ET

Issue of Equity

                                     ETAIREIA INVESTMENTS PLC
                                   ("Etaireia" or the "Company")
                                                 
                                          Issue of Equity
                                                 
Etaireia  announces  that following receipt of notices to convert £100,000 nominal  of  unsecured,
zero  coupon convertible loan notes, the Company has today issued 100,000,000 ordinary  shares  at
the conversion price of 0.1 pence per share.

As  a result of this allotment, Mayfair International Limited holds a total of 50,000,000 ordinary
shares  representing  18.43%  of the issued share capital and Manilva  Investments  Limited  holds
50,000,000 ordinary shares representing 18.43% 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 271,360,784 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 and Fungai Ndoro
Tel:  020 469 0932



Contact Information

  • Etaireia Investments Plc