FFA Ffastfill

TIDMFFA

RNS Number : 6104J

FFastFill PLC

08 August 2012

08 August 2012

FFastFill plc

("FFastFill" or the "Company")

Issue of Equity

FFastFill plc (LSE: FFA), the leading provider of Software as a Service ("SaaS") to the global derivatives community, announces today that application has been made for the admission to trading on AIM of 2,558,173 new ordinary shares of 1p each in the Company ("New Ordinary Shares"). This represents the first of two additional tranches of 2,558,173 New Ordinary Shares payable as part of the total consideration for the acquisition of Spread Intelligence which was announced on 3 August 2011 (the "Acquisition").

The final tranche of 2,558,173 New Ordinary Shares will be issued as consideration on the next anniversary of the Acquisition, subject to the condition that the founder is contracted as a consultant with the Company at the due date for allotment.

It is expected that dealings in these New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, will commence on 14 August 2012. Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 487,246,299 ordinary shares.

For further information please contact:

 
 FFastFill plc                             +44 (0)20 3002 1900 
 Keith Todd CBE, Executive Chairman 
 Hamish Purdey, Chief Executive Officer 
 Mark Carlisle, Chief Financial Officer 
 
 FTI Consulting                            +44 (0)20 7831 3113 
 James Melville-Ross / Matt Dixon / 
  Emma Appleton 
 
 Canaccord Genuity Limited                 +44 (0)20 7523 8000 
 Simon Bridges 
 
 finnCap                                   +44 (0)20 7220 0500 
 Tom Jenkins / Marc Young 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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