Issue of Equity
23 4월 2010 - 1:28AM
UK Regulatory
TIDMSTBR
RNS Number : 6604K
Southern Bear PLC
22 April 2010
22 April 2010
Southern Bear plc
("Southern Bear" or "the Company")
Issue of Equity
The Company today announces that on 14 January 2010, Graeme Boull, a former
Southern Bear director, was issued 800,000 Ordinary Shares of 0.5p ('Ordinary
Shares') in the Company, at a price of 1.75p per share.
As a result of this transaction Mr. Boull's holding is now 800,000 Ordinary
Shares, representing 0.09% of the Company's issued share capital.
Application for the admission of these Ordinary Shares for trading on AIM has
been submitted and dealings are expected to commence on 28 April 2010.
After the issue of these new ordinary shares, the Company's total issued
capital, with voting rights will be 838,989,625 Ordinary Shares.
For further information, please contact:
+------------------------------------+------------------------+
| Southern Bear plc | |
+------------------------------------+------------------------+
| Mark Sims, Director | Tel: +44 (0) 1926 |
| | 888302 |
+------------------------------------+------------------------+
+------------------------------------+------------------------+
| Nominated Adviser: | |
| Grant Thornton Corporate Finance | |
+------------------------------------+------------------------+
| Gerry Beaney | Tel: +44 (0) 20 7383 |
| | 5100 |
+------------------------------------+------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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