Etaireia Investments Plc
LSE : ETIP

July 31, 2012 05:10 ET

Trading Statement

                                         ETAIREIA INVESTMENTS PLC                                                     
                                       ("Etaireia" or "the Company")
                                                     
                            TRADING STATEMENT FOR THE PERIOD ENDED 30 June 2012
                                                     


In   accordance   with   the  Rule  53 of the PLUS Rules the Company is  issuing  the   following   Trading
Statement for the period 1st March 2012 up to 30th June 2012.

During the quarter to 30 June 2012, no material events, transactions or developments took place.

Post-Period Events

On  the  10th July 2012 the Company announced the completion of a £250,000 fundraise through the  issue  of
zero coupon convertible loan notes.

Following the successful refinancing of the Company and the appointment of Ms. Priya Shah to the  Board, on
10th July 2012, Etaireia is in the process of evaluating short term opportunities in other quoted companies
and investment in, expansion programmes for companies in the Legal Sector.

Greg  Collier,  Executive Director commented: "I am delighted with the developments that have  taken  place
within  the  Company in the past few weeks, especially. Priya is an excellent addition to the Board  and  I
believe  that  the Company will benefit greatly from the fresh ideas she is already bringing  forward.  The
£250,000  raised  puts  the  Company in a position to implement its investment strategy  and  work  towards
increasing Shareholders' value in the near term. I look forward to updating Shareholders and the market  on
Etaireia's progress."

The Directors of the Company accept responsibility for the announcement.

                                                 =-ENDS--
                                                     
Enquiries:

Etaireia Investments Plc
Greg Collier
Tel: +44 (0)78 3018 2501


Peterhouse Corporate Finance Ltd
Eran Zucker/Fungai Ndoro
Tel:  +44 (0)20 469 0934

Contact Information

  • Etaireia Investments Plc