24 Sep 2008 15:27
Merchant House GroupΒ Plc (the "Company")
24 September 2008
Issue ofΒ Equity
The Company announces that it has issued, onΒ 18 September 2008, 4,700,000 newΒ ordinary shares of 0.5p each ("Ordinary Shares") in connection with the conversion of loan notes and exercise of rights.Β
Application has been made today for the 4,700,000 new Ordinary Shares toΒ be admitted to trading on AIMΒ and dealings are expected to commence onΒ 30 SeptemberΒ 2008.
As a result of the issue of the new Ordinary Shares, the issued share capitalΒ now comprisesΒ 86,146,600Β Ordinary Shares. There are no shares in treasury and there is no other class of share in issue which has voting rights.Β Consequently the Company's total number of voting rights is 86,146,600 and this figure 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 inΒ the Company, under the FSA's Disclosure and Transparency Rules.
Ends.
Enquiries:
Merchant House Group Plc
Martin Eberhardt
Tel: 020 7332 2200
Shore Capital and Corporate Limited
Pascal Keane
Tel: 020 7408 4090
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