Ace Liberty & Stone Plc

LSE : ALSP


December 10, 2013 09:17 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
37,876,535 Ordinary shares for a total consideration of GBP917,616.

2,168,021  Ordinary  shares  were  issued to Dr el-Rousstom at 3.5p  per  share  in  consideration  of  the
settlement of invoices for services. Dr el-Rousstom now owns 62,884,793 Ordinary shares representing 17.11%
of the issued share capital of the Company.

3,263,514  Ordinary  shares  were  issued Levant Investment Bank (LiBank)  s.a.l.  at  3.5p  per  share  in
consideration  of  the  settlement  of invoices for services. LiBank now  own  20,251,381  Ordinary  shares
representing 5.51% of the issued share capital of the Company.

31,445,000  Ordinary  shares were issued to Daniel Waylett for cash consideration of 2.25p  per  share.  In
addition  Mr  Waylett  has purchased a further 15,000,000 shares. Mr Waylett now owns  46,445,000  Ordinary
shares representing 12.64% of the issued share capital of the Company.

A further 1,000,000 Ordinary shares have been issued for cash consideration of GBP 20,000.

In  addition  a  director of the company, Mr Ivan Minter, has acquired, on 4 December, 422,238  shares  for
2.37p  per  share, taking his total holding to 1,451,961 Ordinary shares representing 0.4%  of  the  issued
share capital of the Company.

The Company now has 367,511,995 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


10 December 2013

Contact Information

  • Ace Liberty & Stone Plc