30 Dec 2013 07:00
Earthport plc ("Earthport" or "Company)
Issue of Shares / PDMR Shareholding
The Company has issued and allotted 3,765,529 new ordinary shares. 3,165,248 new ordinary shares were issued pursuant to the exercise of warrants, 600,281 new ordinary shares have been issued in lieu of fees, of which 211,864 new ordinary shares have been issued to Mohit Davar, Non-executive director.
Following the issue of the new ordinary shares to Mohit Davar, he will be interested in 452,735 ordinary shares representing 0.2 per cent of the issued share capital of the Company.
Accordingly, application has been made for the 3,765,529 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 6 January 2014.
The new ordinary shares will rank pari passu with the existing shares of the Company.
Following Admission, the Company's enlarged issued share capital will comprise 389,048,823 ordinary shares with one voting right per share. No shares are held in Treasury. The total number of voting rights in the Company is therefore 389,048,823.
This figure of 389,048,823 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information:
Earthport plc 020 7220 9700
Hank Uberoi
Charles Stanley Securities 020 7149 6000
Mark Taylor
Newgate Threadneedle 020 7653 9850
Fiona Conroy / Caroline Evans-Jones / Jasper Randall