Eastbridge Investments PLC Issue of Equity (7228U)

TIDMEBIV

RNS Number : 7228U

Eastbridge Investments PLC

31 July 2015

31 July 2015

Eastbridge Investments Plc

("Eastbridge" or the "Company")

Issue of Equity

Eastbridge investments Plc, the investment vehicle focussed on the property and real estate sector, is pleased to announce that the Company has raised a total of GBP100,000, through the issue of 11,111,111 new ordinary shares of no par value ("Subscription Shares"), at a price of 0.9p (the "Subscription"). The funds raised as part of the Subscription will be used by the Company to pursue its Investing Policy.

Application has been made for admission of the Subscription Shares to trading on the AIM market of the London Stock Exchange plc ("AIM") ("Admission"). It is expected that Admission will take place and that trading will commence on AIM at 8.00 a.m. on 6 August 2015.

Upon Admission, the Company will have a total of 244,533,098 ordinary shares of no par value in issue, of which 51,325,737 are held in treasury and accordingly the total number of voting rights in the Company at Admission will be 193,207,361. This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of Eastbridge under the FCA's Disclosure and Transparency Rules.

For further additional information please contact:

 
 Eastbridge Investments Plc              Tel: [phone] 
  Gregory Collier 
 Nominated Adviser                       Tel: [phone] 
  Northland Capital Partners Limited      1100 
  William Vandyk / Matthew Johnson 
 Sole Broker                             Tel: [phone] 
  Peterhouse Corporate Finance Limited    0930 
  Fungai Ndoro/Lucy Williams 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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