block   logo

  block
   
 

Investors Title


.
 
 

Issue of Equity
2007-07-06 07:00:00

samedaybooks.co.uk plc (the “Company” or “samedaybooks”)
Issue of Equity

The Board of samedaybooks announces that it has raised £750,000 through the issue of 50,000,000 new ordinary shares ("New Ordinary Shares") at a price of 1.5p per New Ordinary Share.

The proceeds of the subscription will provide additional working capital for the Company and for partial funding of certain anticipated potential acquisitions.

Charles Denton, Deputy Chairman, will subscribe for 48,000,000 New Ordinary Shares. Following the subscription Mr Denton will hold 148,524,352 ordinary shares representing approximately 67.51 per cent. of the enlarged share capital. The remaining 2,000,000 New Ordinary Shares have been placed in the market.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM. The New Ordinary Shares will rank pari passu with the existing issued ordinary shares. Dealings
are expected to commence on 11 July 2007.

Following the issue of the New Ordinary Shares, the total number of shares with voting rights in issue will be 220,000,000.

The Company is pleased to appoint the announcement of IAF Securities Limited as Financial Adviser and Joint Broker with immediate effect.

Enquiries:

samedaybooks.co.uk plc
Andrew Wells

01483 300 255
Nominated Adviser and Joint Broker to
samedaybooks
Charles Stanley Securities
Russell Cook
Carl Holmes

020 7149 6000
Financial Adviser and Joint Broker
IAF Securities Limited
Gary Pinkerton

020 7747 7400

 

IAF Securities Limited, which is regulated in the United Kingdom by the Financial Services Authority, is acting for samedaybooks.co.uk plc and no one else in connection with the issue of
New Ordinary Shares and will not be responsible to anyone other than samedaybooks.co.uk plc for providing the protections afforded to clients of IAF Securities Limited or for providing
advice in relation to the issue of New Ordinary Shares.