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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Real Office | LSE:REAL | London | Ordinary Share | GB00B23FXY03 | 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% | 1.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMREAL RNS Number : 9181H Real Office Group PLC 02 March 2010 For immediate release 2 March 2010 REAL OFFICE GROUP PLC ("ROG" the "Group" or the "Company") ISSUE OF SHARES TO SETTLE INTERCOMPANY BALANCE AND EARNOUT Further to the announcement on 1 February 2010 regarding the disposal of ISIS Projects Limited ("ISIS"), ISIS has been sold on to the management team by CFC Holdings Limited a company controlled by Roger Smee who is also Chairman and Chief Executive Officer and majority shareholder of the Company with 78% of the ordinary share capital. Real Office Group plc, the AiM quoted global design and build business, has today issued: · 5,029,892 ordinary shares of 10 pence each to settle the outstanding intercompany between ROG and ISIS; and · 3,250,000 ordinary shares of 10 pence each and in satisfaction of the amounts due to members of the management team under the earnout provisions of the original sale to ROG as set out in the Company's Admission Document dated 2 April 2009. An application for admission to trading to AiM has been submitted and these shares are expected to be admitted to trading on 6 March 2010. All shares issued above are subject to a 12 month lock in and orderly market agreement as set out in the Company's Admission Document dated 2 April 2009. Once admitted the total number of shares in issue will be 151,948,975. Enquiries: Real Office Group plc Roger Smee, Chairman Philip Brady, Finance Director 0207 822 0989 Cenkos, Nominated Advisor to the Company Nick Wells/Elizabeth Bowman 0207 397 8900 Smithfield 020 7360 4900 This information is provided by RNS The company news service from the London Stock Exchange END IOEKKBDBFBKKPNK
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