6 Jan 2010 09:40
06 January 2010
Brainspark plc
("Brainspark" or the "Company")
Holding(s) in Company
Total Voting Rights
Holdings in Company
On 23 December 2009 Brainspark announced, inter alia, that the Company had decided to exercise an option with Mr Giuliano Borsari to acquire 10.0 per cent. of the issued share capital of Filmmaster Television S.r.L. The total consideration payable to Mr Borsari was EUR150,000 cash plus 104,000,000 new ordinary shares of 0.01 pence each in Brainspark (the "Consideration Shares"). The Consideration Shares, which are subject to a 12 month lock-in agreement, were admitted to trading on AIM with effect from 8.00am on 31 December 2009 ("Admission").
As a result of the Admission of the Consideration Shares Mr Borsari now has a total beneficial interest in 104,000,000 ordinary shares in the Company, equivalent to 17.60% of the total issued share capital of Brainspark.
Total Voting Rights
The total issued share capital of Brainspark at the date of this announcement is 591,055,698 ordinary shares of 0.01 pence 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, Brainspark under the FSA's Disclosure and Transparency Rules.
For further information please contact:
| Brainspark plc | +39 335 296 573 |
| Francesco Gardin, Chairman | |
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| Allenby Capital Limited | +44(0) 20 3328 5656 |
| Jamie Boyd/James Reeve | |
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| Leander PR | +44(0) 7795 168 157 |
| Christian Taylor-Wilkinson |