Issue of Equity and TVR

RNS Number : 8016Z

Ideal Shopping Direct PLC

29 September 2009

 



Ideal Shopping Direct plc

Issue of Equity and Total Voting Rights

Ideal Shopping Direct plc ("the Company") announces that on 28 September 2009 it issued 15,000 new ordinary shares of 3p each in the Company, following the exercise of options by certain employees of the Company. 10,000 share options were exercised at a price of 47p per share and 5,000 share options were exercised at a price of 85p per share. 

The new ordinary shares will rank pari passu with existing ordinary shares and application will be made for these new ordinary shares to be admitted to trading on AIM, which is expected to occur on 5 October 2009. 

Total Voting Rights 

As a consequence of the exercise of share options as detailed above, the Company's issued share capital now comprises 29,684,505 ordinary shares of 3p each. There are no ordinary shares held in Treasury. Therefore the total number of voting rights in Ideal Shopping Direct plc is now 29,684,505.  

The above figure of 29,684,505 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 FSA's Disclosure and Transparency Rules.

Enquiries: 

Ideal Shopping Direct Plc 

Mike Hancox, Chief Executive 

Paul Wright, Chairman 

Tel: [phone]

Fairfax I.S. PLC 

Ewan Leggat / Laura Littley 

Tel: [phone]

Buchanan Communications 

Richard Darby / Miranda Higham 

Tel: [phone] 

 

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