Ace Liberty & Stone Plc
LSE : ALSP

July 20, 2012 05:44 ET

Issue of Shares


ACE LIBERTY & STONE PLC

ISSUE OF SHARES


The  directors  of  Ace Liberty & Stone Plc ("Ace", the "Company") announce that it has  issued  14,450,000
Ordinary shares at 2.25p per share to Dr Abdel-Karim el-Rousstom for cash consideration of USD 500,000.

Furthermore  an  additional  971,500  Ordinary shares were  issued  at  3.5p  per  share  in  exchange  for
professional services.

Following these issues of equity the Company has 210,388,381 Ordinary shares in issue and Dr Abdel-Karim el-
Rousstom will own 6.87% of the issued share capital of the Company.

The Directors of the Issuer accept responsibility for the contents of this announcement.


FOR FURTHER INFORMATION PLEASE CONTACT:

Mark Eichhorn, Director
Ace Liberty & Stone Plc

Tel: 020 7201 8340


Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com

Tel: 020 7251 3762





Contact Information

  • Ace Liberty & Stone Plc