Last checked at 31 Jul 2008 07:00
Bright Things plc
("Bright Things" or "the Company")
Bright Things today announces that it has issued 3,091,250 ordinary shares of 1p each in the capital of the Company to the vendors of Commonworld Limited pursuant to the acquisition agreement dated 29 November 2007, the development and testing of the Social Network Maker product (SocialGo) having been completed before 31 July 2008.
Application has been made to the London Stock Exchange for the 3,091,250 new ordinary shares of 1p each to be admitted to trading on the AIM Market. Admission is expected to become effective on 5 August 2008.
For the purpose of the Financial Services Authority's Disclosure and Transparency Rules, the total issued share capital in the Company at the date of this announcement consists of 64,916,328 ordinary shares of 1p each, each carrying the right to one vote.
The total number of voting rights in the Company is therefore 64,916,328. The Company does not hold any shares in treasury.
The above 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 share capital of the Company under the Disclosure and Transparency Rules.
As a result of the issue of the shares to the vendors of Commonworld Limited, Stephen John Hardman now has an interest in 4,236,500 ordinary shares of 1p representing 6.53% of the issued share capital of the Company and Alexander Halliday now has an interest in 4,766,062 ordinary shares of 1p representing 7.34% of the issued share capital of the Company.
For further information please contact:
Bright Things PLC Tel: 0870 351 7770
Dominic Wheatley, CEO
Edward Levey, Finance Director
HB Corporate
Luke Cairns/ Rory Creedon Tel: +44 (0) 207 510 8600
Brunswick Group
Giles Croot / Mark Antelme, Tel: +44 (0) 207 404 5959