3 Feb 2012 16:23
03 February 2012
Woodburne Square AG plc
(AIM: WSAG)
Issue of equity
Further to the announcement on 14 October 2011, the Board of Woodburne Square AG plc ('Woodburne' or the 'Company') is pleased to announce it has issued 4,615,384 new ordinary shares "New Shares" of 0.4p each in the share capital of the Company by way of subscription by new investors, at a price of 3.25 pence per share (the 'Subscription Price').
Application has been made for the new shares to be admitted to AIM. Admission is expected to occur on 9 February 2012. On admission, the New Shares will rank, pari passu, with the existing Ordinary Shares in the Company.
Following admission, the Company's enlarged issued share capital will comprise 63,872,045 Ordinary Shares with one voting right per share.
This figure of 63,872,045 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
Enquiries:
Woodburne Square AG plc
Gobind Sahney +44 (0) 207 467 1700
Libertas Capital Corporate Finance Limited
Sandy Jamieson +44 (0) 20 569 9650