Issue of Equity / Directors' Interests

    RNS Number : 0064L
  IMS Maxims PLC
  02 January 2009
   

    IMS MAXIMS plc
    ("IMS" or the "Company")

    Issue of Shares
    Directors' Interests

    As set out in the circular to shareholders dated 19 December 2008 (the "Circular"), the Company today has issued 24,174 ordinary shares
in aggregate to David MacDonald, Chairman, Brian Ennis, the Company's Chief Executive, and Terry Fossey, the Company's Technical Director.

    Application had been made for these shares to be admitted to trading on AIM, and admission is expected to become effective on 6 January
2009.

    Following this issue, the number of ordinary shares in issue to a number is exactly divisible by 25,000 in preparation for the proposed
share capital reorganisation, as set out in the Circular.

    The shares were issued in the following proportions and the resultant directors' interests are as set out below:


    
                       Ordinary Shares  Issue Price            Director's  Percentage of issued
                                issued                  shareholding post         share capital
                                                          issue of shares
 David MacDonald                21,667         0.6p             5,575,000                 2.20%
 Brian Ennis                     2,251         0.6p            40,933,536                16.15%
 Terry Fossey                      256         0.6p             3,200,000                 1.26%
                            ----------                                                         
 TOTAL                          24,174                                                         

    Following this issue of shares, the issued share capital of the Company is 253,475,000 ordinary shares of 1p each.


    For further information please contact:-

 IMS Maxims plc                     Sandymount              Tel: [phone]
 Brian Ennis - CEO                  Station Road            Fax: [phone]
 Stephen Casey - Finance Director   Woburn Sands
                                    MK17 8RR

 Dowgate Capital Advisers Limited   46 Worship Street       Tel: [phone]
 Liam Murray / Antony Legge         London 
                                    EC2A 2EA



This information is provided by RNS
The company news service from the London Stock Exchange
 
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