Issue of Equity

RNS Number : 0482E

Marechale Capital PLC

31 March 2011

 



31 March 2011

Marechale Capital plc

("Marechale Capital" or the "Company")

Placing

Marechale Capital is pleased to announce that it has raised £100,000 (before expenses) in a placing of 5,000,000 new ordinary shares of 1.0 pence each in the Company ("Ordinary Shares") at a placing price of 2.0 pence per share.  Application has been made for the new Ordinary Shares to be admitted to trading on AIM and this is expected to become effective on 6 April 2011.

Following admission of the new shares referred to above, the total number of Ordinary Shares in issue and voting rights will be 52,437,410 (no Ordinary Shares are held in treasury) and the interests of the Company's Directors (together with Robin Black who is expected to join the Board on 12 April 2011) in the enlarged share capital of the Company is shown in the table below:

Name	Shareholding	% of Ordinary Shares
Mark Warde-Norbury	4,737,406	9.03%
Patrick Booth-Clibborn	4,774,664	9.11%
Jon Pither	5,222,318	9.96%
Robin Black	1,000,000	1.91%
		30.01%

For further information please contact:

Marechale Capital Mark Warde-Norbury / Patrick Booth-Clibborn	Tel: [phone]
Smith & Williamson Corporate Finance Azhic Basirov / David Jones	Tel: [phone]

 

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