Issue of Equity

 

TIDMTQC 
 
RNS Number : 0695W 
Third Quad Capital PLC 
12 November 2010 
 
Third Quad Capital Plc 
 ('TQC' or 'the Company') 
 
PLACING 
Third Quad Capital Plc, the AIM listed UK based group with a software division 
and an FSA authorised and regulated securities division, is pleased to announce 
that it has successfully raised GBP100,000 before expenses by way of a placing 
of 20,000,000 new ordinary shares of 0.01p each in the capital of the Company 
("new Ordinary Shares") at 0.5 pence ("Placing Price") per new Ordinary Share 
(the "Placing").  The Placing was undertaken to accommodate additional demand 
from an existing investor. The net proceeds of the Placing will be used for 
working capital purposes. The 20,000,000 new Ordinary Shares to be issued 
pursuant to the Placing will rank pari passu in all respects with the existing 
issued ordinary share capital of the Company.  Application has been made for the 
new Ordinary Shares to be admitted for trading on AIM and trading is expected to 
commence on 17 November 2010. 
HOLDINGS ON COMPLETION OF THE PLACING 
Set out below are the interests of the Directors in the Company's issued share 
capital following completion of the Placing: 
 
+----------------+-------------+----------------+-----------------+ 
| Director       |   Aggregate |      Aggregate |   Percentage of | 
|                |   interests |      interests |    the enlarged | 
|                |    prior to |      following |    issued share | 
|                |  completion |  completion of |         capital | 
|                |      of the |    the Placing |                 | 
|                |     Placing |                |                 | 
|                |             |                |                 | 
+----------------+-------------+----------------+-----------------+ 
| Lyndon Chapman |   5,000,000 |      5,000,000 |            0.84 | 
| (Non Executive |             |                |                 | 
| Chairman)      |             |                |                 | 
|                |             |                |                 | 
+----------------+-------------+----------------+-----------------+ 
| Andrew Monk    |  83,000,000 |     83,000,000 |           13.92 | 
| (CEO)          |             |                |                 | 
|                |             |                |                 | 
+----------------+-------------+----------------+-----------------+ 
| John McCartney |  50,000,000 |     50,000,000 |            8.39 | 
| (Director)     |             |                |                 | 
|                |             |                |                 | 
+----------------+-------------+----------------+-----------------+ 
| Peter Joy      |  10,000,000 |     10,000,000 |            1.68 | 
| (Finance       |             |                |                 | 
| Director)      |             |                |                 | 
|                |             |                |                 | 
+----------------+-------------+----------------+-----------------+ 
 
TOTAL VOTING RIGHTS 
Following the Placing, the issued share capital of the Company will increase by 
3.47 per cent. to 596,153,145 Ordinary Shares of 0.01p each.  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 a change to their 
interest in, the share capital of the Company under the Disclosure and 
Transparency Rules (as applied to the Company by AIM Rule 17). 
For further information, please contact 
Third Quad Capital plc 
Andrew Monk, CEO 
0207 096 9580 
Shore Capital and Corporate Limited 
Andrew Raca or Toby Gibbs 
020 7408 4090 
 
Rivington Street.   Corporate Finance 
Jon Levinson 020 7562 3357 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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