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EQS Equity Special

237.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Equity Special LSE:EQS London Ordinary Share GB00B02GPB12 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 237.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Placing

22/02/2008 9:23am

UK Regulatory


RNS Number:5416O
Equity Special Situations Limited
22 February 2008


                       Equity Special Situations Limited

                Placing of ordinary shares raising £4.5 million


Equity Special Situations Limited ("ESS" or the "Company"), the AIM-quoted
strategic investment company, today announces that it has issued and applied for
the admission to AIM of 2,307,693 new ordinary shares of 1p each ("Subscription
Shares").  The Subscription Shares are being issued at 195 pence per share to
raise proceeds of approximately £4.5m (before expenses) (the "Subscription").
The Subscription Shares will represent 14.04% of the enlarged share capital of
the Company. Following the Subscription the Company, will have a total of
16,475,297 ordinary shares in issue.

Application for the Subscription Shares to be admitted to AIM has been made and
it is expected that the Subscription Shares will begin trading on AIM on 27
February 2008. The Subscription Shares will rank pari passu with the existing
ordinary shares in issue.


Contacts:

Equity Special Situations Limited
Peter Griffin, Director                            Tel: +44 (0) 1481 751000

Noble & Company Limited
John Riddell                                       Tel: +44 (0) 20 7763 2200

GTH Communications
Toby Hall                                          Tel: +44 (0) 20 7153 8039


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