INC.L Regulatory News (INC)

29 May 2014

Insetco plc

("Insetco" or the "Company")

Subscription and Issue of Equity

Insetco announces that it has raised £150,000 by way of a subscription for 150,000,000 new ordinary shares of 0.001p each at a price of 0.1p per share ("Subscription Shares") from Gilbert Elliot Holdings Ltd.

Following the issue of equity, Gilbert Eliott Holdings Ltd, which does not currently hold any shares, will have an interest in ordinary shares represeting 29.18 per cent. of the so enlarged issued share capital of the Company. The funds raised will strengthen the Company's financial position and provide it with the opportunity to take advantage of potential investment opportunities.

Application has today been made to the London Stock Exchange for admission of the Subscription Shares which is expected to occur on or around 4 June 2014. The new ordinary shares will rank pari passu with the existing ordinary shares in all respects.

Total Voting Rights

Following the issue of equity described above, the so enlarged issued share capital of the Company will comprise 513,983,096 ordinary shares of 0.001 each. Each ordinary share carries the right to one vote at general meetings of the Company. The Company does not have any ordinary shares in treasury.

This 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 Company under the Financial Conduct Authority's Disclosure and Transparency Rules.