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19 Sep 2008 15:00
Interior Services Group plc
Additional Listing
The Board of Interior Services Group plc ("the Company") announces that it has issued 798,094 ordinary shares of 1p each in the Company in respect of the deferred considerations due on the acquisitions of Pearce Group Limited and its subsidiaries ("Pearce") and Interior Alpha SA and its subsidiaries ("IASA"). The shares are subject to the Company's standard lock-in arrangements.
611,338 ordinary shares of 1p each were issued in respect of the acquisition of Pearce. The shares were issued at a price of £1.9065 per share being the average of the closing mid-market prices of ordinary shares of the Company as quoted on the AIM list of the London Stock Exchange plc on each of the 10 business days up to and including 29 April 2008.
186,756 ordinary shares of 1p each were issued in respect of the acquisition of IASA. The shares were issued at a price of £2.0080 per share being the average of the closing mid-market prices of ordinary shares of the Company as quoted on the AIM list of the London Stock Exchange plc on each of the 10 business days up to and including 15 September 2008.
Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to AIM and it is expected that admission will take place on 25 September 2008. The new ordinary shares will rank pari passu with the existing shares of the Company. Following admission the total issued share capital of the Company will be 30,255,793.
19 September 2008
Enquiries
Jared Cranney, Company Secretary Tel: 020 7392 5339
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