Issue of Equity and TVR

RNS Number : 3441W
Ideal Shopping Direct PLC
17 November 2010
 



17 November 2010

 

Ideal Shopping Direct plc

 

Issue of Equity and TVR

 

Issue of Equity

 

Ideal Shopping Direct plc ("the Company") announces that on 17 November 2010 it issued 212 new ordinary shares of 3p each in the Company. The new ordinary shares were issued to an employee of the Company who exercised options under the Company's share save scheme. The shares were issued at a price of 178 pence 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 23 November 2010.

  

Total Voting Rights

 

As a consequence of the issue of ordinary shares of the Company as detailed above, the Company's issued capital now comprises 34,303,391 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 34,303,391. 

 

The above figure of 34,303,391 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: 01733 316203

 

Fairfax I.S. PLC

Ewan Leggat / Laura Littley

Tel: 020 7598 5368

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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