Etaireia Investments Plc
LSE : ETIP

June 20, 2014 02:00 ET

Issue of Equity

                                     ETAIREIA INVESTMENTS PLC
                                   ("Etaireia" or the "Company")
                                                 
                                          Issue of Equity
                                                 
Etaireia announces that following receipt of notices to convert £55,000 nominal of unsecured, zero
coupon  convertible  loan notes, the Company has today issued 55,000,000 ordinary  shares  at  the
conversion price of 0.1 pence per share.

As  a result of this allotment, Dance LLC holds a total of 62,398,039 ordinary shares representing
6.52% of the Company's enlarged issued share capital.

Following  this  transaction  the  Company  confirms  there  are  no  further  convertible   loans
outstanding.

In  accordance  with the FCA's Disclosure and Transparency Rules, the Board of  Etaireia  confirms
that  following the above allotment, the Company has 956,988,724 ordinary shares of 0.01p 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 and Mark Anwyl
Tel:  020 469 0934



Contact Information

  • Etaireia Investments Plc