St Helens Private Equity Plc
LSE : SHPE

April 30, 2009 10:59 ET

Statement re Issue of equity

                                                                                     30 April 2009
                                                 
                                   ST HELEN'S PRIVATE EQUITY PLC
                                     ("SHPE" or "the Company")
                                           (PLUS: SHPE)
                                                 

                                          ISSUE OF EQUITY

                                                 
St  Helen's Private Equity plc, the Pre-IPO, Special Situations and 'smallcap' investment company,
is  pleased to announce that further to the announcement dated 9 April David Abell, one of  SHPE's
Directors,  had  submitted an application for excess shares in the Rights issue,  which  had  been
overlooked. As a result he has now subscribed for an additional 60,596 shares (being the number of
Rights  Issue  shares not previously subscribed) taking his total subscription  to  119,015.  This
takes  Mr  Abell's  share holding to 294,271 shares 13.06% and the Directors' total  interests  to
47.76%

The  Rights  Issue therefore raised its maximum, a total of GBP197,125 before expenses  through
the  issue  of 563,217 new Ordinary Shares at 35p. The new funds raised will be used to  make  new
investments.

The total issued Shares (and voting rights) is now 2,252,848.

The  Directors  were allotted 396,463 new ordinary shares; increasing their combined  holdings  to
1,076,014  Ordinary Shares representing 47.76% of the Company's enlarged issued share  capital  as
follows:

                                                    Shareholding           %
Jon Pither                                          366,122             16.25%
David Abell                                         294,271             13.06%
Hamish Williams                                     270,735             12.02%
Mark Warde-Norbury                                   80,382              3.57%
Nicola Brookes                                       17,193              0.76%
St Helen's Capital Plc                               47,311              2.10%


In  accordance with the Disclosures and Transparency Rules, St Helen's Private Equity plc confirms
that  it now has a total of 2,252,848 Ordinary Shares of 6p each in issue with each share carrying
the right to one vote. The Company's issued share capital is GBP 135,170.

The  Directors' shareholdings total 1,076,014 Ordinary Shares representing 47.76%  of  the  issued
share capital.



                                             --ENDS--

             The Directors of the issuer accept responsibility for this announcement.

ENQUIRIES:

ST HELEN'S PRIVATE EQUITY PLC                            TEL: 020 7628 5582
Hamish Williams

FISHER CORPORATE PLC                                     TEL: 020 7388 7000
Gary Miller

Contact Information

  • St Helens Private Equity Plc