Issue of Equity

RNS Number : 0097G

Brainspark PLC

22 June 2012

 



                                                                                                                                 22, June 2012

Brainspark Plc

("Brainspark" or "the Company")

 

 

Issue of equity

Further to the announcement of 15 June 2012, the Company announces that application has been made for admission to trading on AIM ("Admission") of 300,000 new ordinary shares of 2.5p each ("Ordinary Shares") which have been placed with Westhouse Securities at 4.67p each. It is anticipated that Admission will occur on 28 June 2012.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 89,209,377 Ordinary Shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 89,209,377.

This figure of 89,209,377 ordinary shares 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.

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For further information please contact:

Brainspark plc                                                                                                       [phone]

Alfredo Villa, Executive Chairman

Cersare Suglia, Chief Executive

Westhouse Securities                                                                                 [phone]

Antonio Bossi

Jonathan Haines

Leander PR                                                                                                 [phone]

Christian Taylor-Wilkinson

About Brainspark Plc

Brainspark plc (AIM: BSP) is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies primarily encompassing the interactive media, leisure, entertainment and financial services sectors, mainly in Italy but also in other European countries. The Company may be either a passive or active investor and Brainspark's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions.

 

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