Issue of Equity

RNS Number : 7380K

Aeorema Communications Plc

27 June 2014

 

Aeorema Communications plc ("Aeorema" or "the Company")

Exercise of Options/Issue of Equity

Aeorema Communications plc, the AIM-traded live events and communications agency, announces that it has issued and allotted a total of 104,000 new ordinary shares of 12.5p each in the Company ("Ordinary Shares") pursuant to the exercise of options over Ordinary Shares. Gary Fitzpatrick, Chief Executive Officer of Aeorema, has exercised options over a total of 64,000 Ordinary Shares.  Application has been made for the 104,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 2 July 2014.

Following the exercise of options Gary Fitzpatrick* has an interest in 64,000 Ordinary Shares representing approximately 0.73% of the issued share capital of the Company. 

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the exercise of the options, the number of Ordinary Shares in issue, and the total number of voting rights, has increased to 8,741,500. This is the figure which 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 FCA's Disclosure and Transparency Rules.

*As civil partner of Gary Fitzpatrick, Peter Litten (Deputy Chairman of the Company) now has a beneficial interest in 3,426,500 Ordinary Shares representing approximately 39.2% of the issued share capital of the Company.

** ENDS **

For further information visit www.aeorema.com or contact:

Gary Fitzpatrick	Aeorema Communications plc	Tel: [phone]
Mark Percy	Cantor Fitzgerald Europe	Tel: [phone]
Catherine Leftley	Cantor Fitzgerald Europe	Tel: [phone]
Elisabeth Cowell	St Brides Media & Finance Ltd	Tel: [phone]

 

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