Issue of Equity

29 Jan 2009 15:31



29 January 2009

Empresaria Group plc ("Empresaria" or the "Company")

Issue of Equity

The Company announces that application has been made to the London Stock Exchange plc for the admission to trading on AIM of 69,875 new Ordinary Shares of 5p each in Empresaria fully paid, ranking pari passu with the existing ordinary shares ("Ordinary Shares") and dealings are expected to commence on or around 4 February 2009. These new Ordinary Shares have been allotted as deferred consideration relating to the purchase of shares from certain shareholders in Lumley Employment Company Limited, a subsidiary of the Company.

The deferred consideration is made pursuant to an original share purchase agreement between Empresaria and the relevant shareholders in Lumley Employment Company Limited, as announced by the Company on 8 April 2008.

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, following the admission of the shares described above, the total number of ordinary shares of 5p each in the Company will be 34,136,231. 

There are no shares held in treasury and therefore the total number of voting rights in the Company will be 34,136,231. 

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 Company, under the Disclosure and Transparency Rules. 

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