Issue of Equity and Options
29 Novembro 2007 - 3:09PM
UK Regulatory
RNS Number:8289I
Playwize PLC
29 November 2007
Playwize PLC
29 November 2007
Playwize plc
'Playwize' or 'the Company'
Issue of Equity
Issue of Options
The board of Playwize, the AIM quoted developer of software for the
entertainment industry announces that pursuant to the issue of equity announced
on 21 November 2007, and the appointment of HB Corporate, a trading division of
Hoodless Brennan plc ("HB Corporate"), as Nominated Adviser also announced on
21 November 2007, it has issued 10,000,000 ordinary shares of 1p each to HB
Corporate (the "Consideration Shares"). The Consideration Shares have been
issued as payment for the advisory services mentioned above.
The Consideration Shares will represent approximately 5.35% percent of the
Company's enlarged issued share capital. Application will be made for the
Consideration Shares to be admitted to trading on AIM and dealings in the
Consideration Shares are expected to commence on 5 December 2007. The
Consideration Shares will rank pari passu with the existing shares.
The Company's enlarged share capital immediately following the issue of the
Consideration Shares will be 187,007,794 ordinary shares of 1p, each share
carrying the right to one vote.
Additionally, the board announces that it has granted HB Corporate an option to
acquire 3,540,156 new ordinary shares in the Company (the "Option"). The Option
is exercisable in whole or in part, up to and including the 28 November 2012
at a price of 1p per option share.
- Ends -
For further information, please contact:
Playwize plc (www.playwizeplc.com)
Foo Katan, CEO
Tel: + 44 (0)20 8282 7200
Email: foo@bitscorp.com
HB Corporate:
Rory Creedon / Jim McGeever
Tel: +44 (0)20 7510 8591
This information is provided by RNS
The company news service from the London Stock Exchange
END
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