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11 Feb 2011 09:02
Merchant House Group Plc ("Merchant House" or the "Company")
11 February 2011
Issue of Equity
The Company has today issued and allotted 8,823,529 new Ordinary Shares, issued in relation to the conversion of certain of the 2005 Loan Notes, pursuant to proposals described in a circular to shareholders dated 3 August 2010 and approved by shareholder resolutions passed at the AGM (the "Proposals"). Application has been made to have these shares admitted to trading on AIM. Admission is expected to take place, and dealings are expected to commence, on 16 February 2011.
Following the issue of 8,823,529 new Ordinary Shares, the issued share capital comprises 1,304,000,026 Ordinary Shares. There are no shares in treasury and there is no other class of share in issue which has voting rights. Consequently the Company's total number of voting rights is 1,304,000,026 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 in the Company, under the FSA's Disclosure and Transparency Rules.
Enquiries:
Merchant House Group PlcJames HolmesTel: 020 7332 2200
Shore Capital and Corporate LimitedPascal KeaneTel: 020 7408 4090
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