Last checked at 23 Oct 2008 11:12
Bright Things Plc ('Bright Things' or the 'Company')
RESULT OF MEETING
DIRECTORS' HOLDINGS IN COMPANY
NOTIFICATION OF INTERESTS
The board of Bright Things is pleased to announce that at the Company's Annual General Meeting held today all resolutions were duly passed.
Completion of the placing of the 58,760,000 ordinary shares of 1 penny each ('the Placing Shares') announced on 30 September 2008 and of the subscription on the same terms as the placing for an additional 4,000,000 ordinary shares ('the Consideration Shares') remains conditional, respectively, upon the Placing Shares and the Consideration Shares being admitted to trading on the AIM Market.
Application has been made for the Placing Shares and Consideration Shares to be admitted to trading on the AIM Market. Admission is expected to become
effective and dealings on the AIM Market are expected to commence on 24
October 2008.
As previously announced, certain directors participated in the placing, and following the issue of the Placing Shares and the Consideration Shares will be interested in the following number of issued ordinary shares in the Company:
| No. of ordinary shares | Percentage of total issued ordinary share capital. | |
| Dominic Wheatley | 24,205,120 | 18.9% |
| Ian Livingstone | 5,305,556 | 4.1% |
| Charles Delamain | 4,000,000 | 3.1% |
Following the issue of the Placing Shares and the Consideration Shares, the following persons will be interested in the following number of issued ordinary shares in the Company:
| No. of ordinary shares | Percentage of total issued ordinary share capital. | |
| Alexander Halliday | 6,662,062 | 5.2% |
| Stephen Hardman | 5,920,500 | 4.6% |
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