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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ipso Ventures | LSE:IPS | London | Ordinary Share | GB00B1GDWB47 | 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% | 1.425 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIPS
RNS Number : 9948W
Ipso Ventures PLC
08 February 2012
IPSO Ventures plc
("IPSO"or the "Company")
Issue of equity, directors' shareholdings and total voting rights
The board of directors of IPSO announces that on 7 February 2012 the Company issued a total of 730,434 new ordinary shares of 0.1 of one penny each in the capital of IPSO ("Shares") to the existing directors of the Company in lieu of net fees payable for the three month period ended 31 January 2012. These new Shares were issued at a price of 2.875p, being the average mid-market price of the Shares over the five-day period ended 6 February 2012.
In addition, 260,870 new Shares were issued to a consultant to IPSO in lieu of fees.
The new Shares have been issued to the existing directors of IPSO as follows:
Number Existing Total number Proportion of new Shares of Shares of enlarged Shares held held following issued share being admission capital issued held following admission Nick Rodgers (Chief Executive) 313,043 * 2,778,824 ** 3,091,867 7.8% Craig Rochford (Chairman) 313,043 *** 2,645,000 **** 2,958,043 7.5% John Kelly (Non-Executive Director) 104,348 2,890,000 2,994,348 7.6% * The 313,043 new Shares have been issued to Nick Rodgers Financial Limited, a company wholly owned by Nick Rodgers. ** 300,000 of the Shares that Nick Rodgers is currently beneficially interested in are held equally by Nick Rodgers and his wife, Thea Rodgers, as trustees for both the Thea Rodgers Children's Settlement and the Nick Rodgers Children's Settlement. *** The 313,043 new Shares have been issued to The Invention Company Limited, a company wholly owned by Craig Rochford. **** 1,033,043 of the Shares that Craig Rochford is currently beneficially interested in are held by The Invention Company Limited.
Application will be made for the 991,304 Shares to be admitted to trading on AIM ("Admission") and it is anticipated that Admission will take place on or around 14 February 2012. Following Admission there will be 39,421,882 Shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in or change to their interest in IPSO under the Disclosure Rules and Transparency Rules of the UK Financial Services Authority.
For further information, please contact:
IPSO Ventures plc Tel: 020 7921 2990 Craig Rochford, Chairman craig@ipsoventures.com Nick Rodgers, Chief Executive nick@ipsoventures.com www.ipsoventures.com Allenby Capital Limited Tel: 020 3328 5656 (Nominated Adviser and Broker) Nick Athanas Mark Connelly James Reeve
This information is provided by RNS
The company news service from the London Stock Exchange
END
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