TIDMOTE

RNS Number : 0473A

O Twelve Estates Limited

25 January 2011

O Twelve Estates Limited ("O Twelve" or the "Company")

Admission, Total Voting Rights & Directors' Shareholdings

25 January 2011

Admission

Following the announcement by the Company on 21 January 2011, O Twelve today announces, pursuant to the Placing and Open Offer, the admission of the New Shares to trading.

Total Voting Rights

Following the issue of the New Shares pursuant to the Placing and Open Offer, of which the gross proceeds were GBP37.6 million, O Twelve's issued share capital consists of 480,200,208 ordinary shares of 1p each with voting rights. The rights attaching to the New Shares, including as to voting, are the same as those of the Existing Ordinary Shares. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 480,200,208 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Directors' Shareholdings

The Directors of O Twelve announce that their shareholdings in the Company, following Admission are as follows:

 
                                                                 Shareholding 
                                 Number of                       as a 
                  Shareholding   shares                          percentage of 
                   prior to      acquired        Total           the issued 
                   the Placing   pursuant to     shareholding    share capital 
 Director          and Open      the Open        as at 25        of the 
  Name             Offer         Offer           January 2010    Company 
 Philip Rhodes    150,000        438,000         588,000         0.122% 
                 -------------  --------------  --------------  -------------- 
 Howard Stanton   75,000         146,000         221,000         0.046% 
                 -------------  --------------  --------------  -------------- 
 Richard Barnes   50,000         146,000         196,000         0.041% 
                 -------------  --------------  --------------  -------------- 
 Peter Radford    40,000         -               40,000          0.008% 
                 -------------  --------------  --------------  -------------- 
 Quentin Spicer   25,000         -               25,000          0.005% 
                 -------------  --------------  --------------  -------------- 
 

All capitalised definitions in this announcement bear the same meaning as those in the prospectus dated 14 December 2010.

For further information please contact:

O Twelve Estates Limited

Phil Rhodes, Chairman

+44 (0)207 016 0050

Rugby Asset Management

David Tye

Andrew Wilson

+44 (0) 20 7016 0050

Fairfax I.S. PLC

Simon Bennett

Laura Littley

+44 (0) 20 7598 5368

Financial Dynamics

Stephanie Highett

Dido Laurimore

Will Henderson

+44 (0) 20 7831 3113

This information is provided by RNS

The company news service from the London Stock Exchange

END

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