IAF Iafyds

TIDMIAF

RNS Number : 3895L

Iafyds PLC

03 July 2014

3 July 2014

Iafyds plc

("Iafyds" or "the Company")

Result of General Meeting and Issue of Equity

Result of AGM

The Board of Iafyds is pleased to announce that at Company's Annual General Meeting ("AGM"), all resolutions put to shareholders were duly passed.

Issue of equity

Following the passing of resolutions at the AGM, and further to the announcement made on 6 June 2014, 3,666,666,666 Ordinary Shares of 0.003 pence each have been issued to Henderson Global Investors for consideration of GBP110,000.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 4 July 2014. Following Admission, the total number of voting rights in Iafyds will be 10,056,423,466 Ordinary Shares. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further information

Iafyds plc Clive Carver / Colin Hutchinson +44 (0) 203 763 5909

   Panmure Gordon (UK) Limited  Hugh Morgan / Callum Stewart                 +44 (0) 207 886 2500 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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