Daniel Stewart Securities PLC Update on Placing (3791F)

TIDMDAN

RNS Number : 3791F

Daniel Stewart Securities PLC

11 November 2015

For immediate release: 11 November 2015

Daniel Stewart Securities plc

('Daniel Stewart' or 'the Company')

Share allotment in connection with the placing

The Company announces that as part of a placing the Company was intending to undertake in conjunction with the release of its annual accounts for the year ended 31 March 2015, on 30 September 2015 the Company received a payment of GBP25,000 for 1,666,666 new ordinary shares at a price of 1.5p per share ("Shares") from a market counterparty ("Allottee") which were credited into the CREST system as at that date. The placing did not proceed at that stage. It has not been possible for the Allotee to return the shares. It is intended that these shares will form part of the forthcoming placing and that application will be made for these Shares to be admitted to trading on AIM along with the additional shares to be issued under the placing that the Company is currently finalising, which will be subject to a further announcement.

- ENDS -

Enquiries:

DANIEL STEWART SECURITIES PLC

Peter Shea, Chairman

Tel: [phone]

BEAUMONT CORNISH LIMITED

Roland Cornish/ James Biddle

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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November 11, 2015 08:20 ET (13:20 GMT)