Issue of Equity

 
TIDMLPP 
 
 

  Lapp Plats plc 
 

  27 February 2009 
 

  Press Release 
 

  Additional Listing 
 

  Lapp Plats plc ("Lapp Plats or the "Company") announces that it has issued 1,000,000 new ordinary shares of Stg1.0p each ("Ordinary Shares") in the capital of the Company to satisfy certain professional service and consultancy liability obligations ("Share Payment"). 
 

  Application has been made to the London Stock Exchange and the Irish Stock Exchange for the new Ordinary Shares to be admitted to trading on the AIM Market and the IEX Market. 
 

  Following the Share Payment the issued share capital of the Company has increased to 23,348,334 ("Enlarged Share Capital"). In addition 195,000 share options are issued but not exercised. 
 

  250,000 Ordinary Shares have been issued to the beneficial interest of Tom O'Gorman, Chairman of the Company. 500,000 Ordinary Shares have been issued to JS Consult Limited Pension Fund, of which Michael Nolan, Director of the Company, is the beneficiary. Both these transactions occurred on 27 February 2009. 
 

  As a result of the Share Payment, Tom O'Gorman, has an interest in 3,987,166 Ordinary Shares representing 17.08% of the Enlarged Share Capital of the Company and Michael Nolan, has an ultimate beneficial interest in 1,000,000 Ordinary Shares representing 4.27% of the Enlarged Share Capital of the Company. 
 
 

  For further information please contact: 
 
 
   Michael Nolan, Director                 + 353 87 242 9221