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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  32Red Plc    TTR   GI000A0F56M0

32RED PLC

(TTR)
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32Red Plc : - Issue of Equity

02/14/2012 | 10:32am EST

32Red Plc

("32Red" or "the Company")

Issue of Equity

The Company announces that on 13 February 2012 that West Register (Investment) Ltd, a wholly owned subsidiary of Royal Bank of Scotland plc, has exercised a warrant to subscribe for 583,333 ordinary shares in the Company at £0.01 per share with total consideration received of £5,833.33. The warrants were originally issued in 2007 in lieu of banking fees associated with the restructuring of now fully repaid loan agreements at the time of the Betdirect sale.  

Application has been made for the ordinary shares, which rank pari passuwith all existing shares in issue, to be admitted to trading on AIM. Dealings in the Ordinary Shares are expected to commence on 17 February 2012. Following the issue of these shares, the Company has 70,513,333 shares in issue.

14 February 2012

32Red Plc                           

Tel: 00 350 200 49396

Ed Ware, CEO     

Jon Hale, Finance Director

Numis Securities Limited                                      

Tel: +44 (0) 20 7260 1000

Michael Meade, Nominated Adviser

Chris Wilkinson, Corporate Broking

College Hill

Tel: + 44 (0) 20 7457 2020

Matthew Smallwood

Jamie Ramsay


© Publicnow 2012
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