Ace Liberty & Stone Plc
LSE : ALSP

September 11, 2013 02:00 ET

Issue of shares


ACE LIBERTY & STONE PLC

ISSUE OF SHARES


The  directors of Ace Liberty & Stone Plc ("Ace", the "Company") announce that they have issued a total  of
50,876,755 Ordinary shares.

22,222,222  shares  were issued to Dr Abdel-Karim El-Rousstom for cash consideration  of  2.25p  per  share
taking  Dr El-Rousstom's total holding to 60,716,772 shares representing 18.46% of the total share  capital
of the Company.

14,321,200  shares have been issued to LiBank S.A.L for cash consideration of 2.25p per share taking  their
total holding to 16,987,867 shares representing 5.16% of the total share capital of the Company.

11,111,111  shares  were issued to Wafa Isam Soufan for cash consideration of 2.25p per share  representing
3.38% of the total share capital of the Company.

A further 1,000,000 shares were issued to several individuals for cash consideration of 2.00p per share.

Finally, directors Keith Pankhurst and Ivan Minter purchased 166,667 and 333,333 shares respectively,  at  a
price of 3p per share, taking their holdings to 1,929,277 (0.59%) and 1,029,723 (0.31%) respectively.

The Company now has 328,920,960 Ordinary shares in issue.

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


FOR FURTHER INFORMATION PLEASE CONTACT:

Ivan Minter, Director
Ace Liberty & Stone Plc
Tel: 020 7201 8340

Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: 020 7251 3762


11 September 2013



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  • Ace Liberty & Stone Plc