issue of equity RNS 3901Z21 Sep 2009 21:11
Mon, 21st Sep 2009 12:26
RNS Number : 3901Z
Venue Solutions Holdings PLC
21 September 2009
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21 September 2009
Venue Solutions Holdings Plc
("Venue Solutions" or the "Company")
Further re: Issue of Equity
Resignation Of Director
Change of Registered Address
Issue of Equity
The Company announces that further to the announcement made on 12 August 2009, concerning the issue, to directors and certain other parties, of 45,866,350 ordinary shares, it has today issued a further 12,000,000 new ordinary shares at 2 pence per share.
10,000,000 of the new shares are being issued to The Roeder Settlement in order to satisfy the repayment of loans amounting to £200,000 provided to the Company and the balance to a consultant in lieu of outstanding consultancy fees.