Etaireia Investments Plc

LSE : ETIP


May 09, 2014 05:12 ET

Issue of Equity

                                     ETAIREIA INVESTMENTS PLC
                                   ("Etaireia" or the "Company")
                                                 
                                          Issue of Equity
                                                 
Etaireia  announces  that following receipt of a notice to convert £50,000 nominal  of  unsecured,
zero coupon convertible loan notes, the Company has today issued 50,000,000 ordinary shares at the
conversion price of 0.1 pence per share.

As  a  result  of  this  allotment,  Pankaj Rajani holds a total  of  50,000,000  ordinary  shares
representing 6.28% 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 795,828,724 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 Limited
Fungai Ndoro
Tel:  020 469 0934



Contact Information

  • Etaireia Investments Plc