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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Capital Bars | LSE:CLB | London | Ordinary Share | GB0001212132 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5721Q Capital Bars PLC 28 January 2002 FOR IMMEDIATE RELEASE 28 January 2002 CAPITAL BARS PLC Directors' shareholding On 24 January 2002, Capital Bars plc ("the Company") allotted 23,500,000 new ordinary shares in respect of the acquisition of certain bar, restaurant and hotel interests in Dublin which were approved by shareholders in September 1999. Of these new ordinary shares, Messrs William and Desmond O'Dwyer are deemed to be interested in a total of 18,756,352 shares and Aidan Corcoran is interested in 433,314 shares, all are directors of the Company. Following the offer for the Company by Full Circle Investments plc having been declared unconditional in all respects, each participant in the Capital Bars Long Term Incentive Plan and option holders under parallel arrangements were given the right to exercise their options. As a result of this, a further 1,700,000 Ordinary Shares have been allotted. Of these, 400,000 were issued to Aidan Corcoran and 400,000 to Hugh Doherty, also a director of the Company. The resultant beneficial shareholdings of Messrs W. O'Dwyer, D. O'Dwyer, A. Corcoran and H. Doherty are as follows: Shareholding % of enlarged issued share capital William O'Dwyer (1) 44,177,732 74.42% Desmond O'Dwyer (1) 42,591,636 71.75% A. Corcoran 833,314 1.40% H. Doherty 400,000 0.67% (1) These interests are, in part, duplicated and include 27,112,534 shares which have been assented to the offer by Full Circle Investments plc and 10,873,000 shares held by Toji Holdings Limited. Messrs William and Desmond O'Dwyer are each deemed to have an interest in these shares owing to their shareholdings in Full Circle Investments plc and Toji Holdings Limited. In view of the fact that Capital Bars is expected to be delisted by 5 February 2002, it is not intended that the Company will apply to the UK Listing Authority or the Irish Stock Exchange for the shares just allotted to be admitted to Listing, nor will application be made to the London Stock Exchange for the shares to be admitted to trading. It is the intention of each of the directors, whose names are set out above, to accept the Offer for the Company made by Full Circle Investments plc in respect of their shareholdings prior to the closing date on 5 February 2002. ENDS. This information is provided by RNS The company news service from the London Stock Exchange
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