27 Jun 2017 13:00
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Ultimate Sports Group Plc ('USG' or 'the Company')
Issue of Equity
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Ultimate Sports Group Plc, the AIM listed investment vehicle, announces that it has agreed to issue 200,000 new ordinary shares of 10p each in the capital of the Company ("New Ordinary Shares") to Northland Capital Partners in lieu of services provided to USG.
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Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM ("Admission"), which is expected to occur on 3 July 2017.
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Following Admission, the Company will have 22,811,638 Ordinary Shares in issue. The Company has no shares in treasury, therefore the figure of 22,811,638 should 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 of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
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**ENDS**
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For further information please visit www.ultimatesportsgroup.me or contact:
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Ultimate Sports Group PLC Geoffrey Simmonds, Chief Executive  |  +44 (0)20 7935 0823  |
St Brides Partners Ltd (Financial PR) Charlotte Page / Isabel de Salis  | +44 (0)20 7236 1177 |
Cantor Fitzgerald Europe (Nomad and Joint Broker) Marc Milmo / Catherine Leftley  | +44 (0)20 7894 7000 |
Northland Capital Partners Limited (Joint Broker) Matthew Johnson / Chris Coleman  | +44 (0)20 3861 6625 |
Dowgate Capital Stockbrokers Limited (Joint Broker) Neil Badger / Jason Robertson | +44 (0)1293 517744 |
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