2 May 2008 17:02
Bear Stearns Private Equity Limited02 May 2008 Bear Stearns Private Equity LimitedIssue of shares2 May 2008 The Company has today issued 8,743,857 redeemable participating preferenceshares of 0.01 pence each designated as equity shares (the "Equity Shares").Application has been made to the UK Listing Authority for the Equity Shares tobe admitted to the Official List and to the London Stock Exchange for admissionof the same number of redeemable participating preference shares to trading onthe London Stock Exchange. The Equity Shares have been issued for cash atUSD1.75 each and will rank pari passu with the existing redeemable participatingpreference shares in issue. Dealings are expected to commence in the new Equity Shares on 8 May 2008. Following the issue, the total number of issued share capital and voting rightsin the Company (excluding treasury shares) is 292,644,449 Equity Shares and59,196,837 zero dividend preference shares (the "ZDP Shares"). These figures maybe used by shareholders as the denominator for the calculations by which theywill determine if they are required to notify their interest in, or a change totheir interest in, the Company under the FSA's Disclosure and Transparencyrules. The Company holds 1,397,764 Equity Shares and 274,822 ZDP Shares intreasury. This information is provided by RNS The company news service from the London Stock Exchange