Further re: Issue of Equity (2600B)

TIDMMHG

RNS Number : 2600B

Merchant House Group PLC

13 April 2012

Merchant House Group plc

("MHG" or the "Company")

Further re: Issue of Equity

Further to the Issue of Equity announcement on 28 February 2012, the Company announces that GBP150,000 of the GBP761,500 that was raised at that date has not been received by the Company and the corresponding 214,285,714 ordinary shares in the Company, which have been issued and allotted, have not been delivered to the placees pending receipt of payment.

The Company is continuing to pursue these monies and a further announcement will be made in due course.

For further information:

 
 Merchant House Group plc 
  James Holmes, Chairman 
  Christopher Day, CEO                  +44 (0) 20 7332 2200 
 Cairn Financial Advisers LLP 
  Tony Rawlinson / Avi Robinson         +44 (0) 20 7148 7900 
 Symvan Securities 
  Kealan Doyle / Nicholas Nicolaides    +44 (0) 20 7464 4260

This information is provided by RNS

The company news service from the London Stock Exchange

END

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