4 Jan 2012 15:57
04 January 2012
Woodburne Square AG plc
(AIM: WSAG)
Issue of equity
The Board of Woodburne Square AG plc ('Woodburne' or the 'Company'), the silver and precious metals focused investment company, announces that it has issued 335,925 new ordinary shares of 0.4p each ("Ordinary Shares") to Russell Darvill and 1,450,000 Ordinary Shares to Nicholas Hall pursuant to compromise agreements with both former directors.
Application has been made for the new shares to be admitted to AIM. Admission is expected to occur on 05 January 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.
For Enquiries:
Woodburne Square AG | |
Martin Kiersnowski | +44 (0) 207 562 3350 |
Libertas Capital Corporate Finance Sandy Jamieson |
+44 (0) 20 569 9650 |