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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Capital Ideas | LSE:CAPT | London | Ordinary Share | GB0031453953 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.055 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3667D Capital Ideas PLC 05 September 2007 CAPITAL IDEAS PLC ("Capital Ideas" or the "Company") ISSUE OF EQUITY AND NOTICE OF INTERESTS The Directors of Capital Ideas plc are pleased to announce that it has completed a placing of 44,181,600 new ordinary shares of 0.1 pence each (the "Placing Shares") at a price of #0.25 pence each raising in total #110,454. The Company is planning to utilise these funds in order to take advantage of new investment opportunities within the 'turnaround' market. Capital Ideas has already identified, and is conducting due diligence on, a number of suitable investments and is hopeful of making its next investment in the near future. The shares have been placed with the following parties: Name No. of Placing Shares Resultant Holding % Holding Renwick Haddow* 20,000,000 75,653,036 26.3% Robert Wing 24,181,600 24,181,600 8.4% * Renwick Haddow is Chairman of the Company Application has been made for the Placing Shares and the New Shares to be admitted to trading on AIM on 11 September 2007 ("Admission"). In addition, the Company has issued 6,843,392 new ordinary shares of 0.1 pence each to SVS Securities plc in lieu of agreed corporate broking fees (the "New Shares"). Following Admission, the Placing Shares and the New Shares will rank pari passu in all respects with the existing issued ordinary shares of 0.1 pence each in the Company. The total number of ordinary shares in issue following the Placing Shares and New Shares will be 287,177,547. Speaking today, Renwick Haddow, Chairman of Capital ideas stated: "We are pleased to announce today's placing which will enable us invest in the opportunities we are currently seeing. We are confident that we will continue to identify suitable opportunities and make investments with the potential to increase shareholder value. As an indication of my belief in the Company I have personally invested #50,000 into new shares and I look forward to announcing the details of our next transaction at the earliest opportunity" For further information, please contact: Renwick Haddow Capital Ideas plc +44 (0) 207 623 3345 David Youngman WH Ireland Limited +44 (0) 161 832 2174 Ian Callaway SVS Securities plc +44 (0) 207 638 5600 This information is provided by RNS The company news service from the London Stock Exchange END IOEOKPKDABKDKCK
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