Issue of Equity & Transaction in own shares

RNS Number : 0015Q

IS Solutions PLC

08 October 2013

 

I S Solutions Plc

("IS Solutions" or the "Company")

Issue of Equity and Transaction in own shares

Following the exercise by employees of options over ordinary shares of 2p each in the Company ("Ordinary Shares"), application has been made for 125,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). These Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares and Admission is expected to occur on 11 October 2013.

In addition, the Company announces that on 7 October 2013 it sold 6,064 Ordinary Shares held in treasury at a price of 47 pence per Ordinary Share.

Following these transactions, the issued share capital of IS Solutions is 25,436,791 and the number of shares held in treasury is 3,936. Consequently, the total voting rights of the Company is 25,432,855.

The above voting rights figure may be used by shareholders as the denominator for the calculations by which they 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.

Enquiries:
IS Solutions Plc	finnCap Nomad & Broker	TooleyStreetCommunications IR & media relations
John Lythall, Managing Director	Corporate Finance: Ed Frisby /Henrik Persson Corporate Broking: Stephen Norcross	Fiona Tooley Tel:[phone]
Tel: [phone]	Tel: [phone]	Graeme Cull
www.issolutions.co.uk		Tel: [phone]
Ticker: AIM: ISL
		Office: [phone]

 

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