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NEB Netb2B2

3.375
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Netb2B2 LSE:NEB London Ordinary Share GB00B064S128 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.375 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Issue of Equity

20/02/2008 2:58pm

UK Regulatory


RNS Number:4125O
Net b2b2 PLC
20 February 2008


Netb2b2 plc ("Netb2b2" or "the Company")

Issue of Equity

Netb2b2 plc (AIM:NEB) announces that, yesterday, the Company issued 2.5 million
ordinary shares of £0.10 each in the Company ("Ordinary Shares") to Keith Young,
the Company's Chairman. This represents the second tranche of Ordinary Shares to
be issued to Mr Young pursuant to the agreement between him and the Company,
entered into in December 2007. Details of this transaction were set out in the
notice of extraordinary general meeting posted to shareholders and notified on 4
December 2007. The placing price for the Ordinary Shares was £0.10.

Application has been made to the London Stock Exchange plc for the new Ordinary
Shares to be admitted to trading on AIM and it is anticipated that admission
will become effective and that dealings will commence on 25 February 2008.

Following the issue of the new Ordinary Shares, Mr Young is interested in
6,375,826 Ordinary Shares representing 57.64 per cent. of the issued share
capital of the Company.

20 February 2008

For further information, please contact:

Smith & Williamson Corporate Finance Limited                 Tel: 020 7131 4000
Azhic Basirov / Siobhan Sergeant



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

END
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