Issue of Equity
October 01 2009 - 2:00AM
UK Regulatory
TIDMLNG
RNS Number : 7731Z
Leisure & Gaming plc
01 October 2009
1 October 2009.
Leisure & Gaming plc
('Leisure & Gaming' or the 'Company')
Issue of additional shares
Leisure & Gaming announces that on 1 October 2009, 306,955 new ordinary shares
of 5p each have been issued to Mr Gabriel Chaleplis. These shares are issued
under the terms of the purchase of the Betshop Group where 306,955 ordinary
shares were retained from the consideration pending any claims under the
warranties and indemnities. Following this issue of shares, Mr Chaleplis has an
interest in 4,245,594 shares which represents approximately 4.5% of the
Company's issued share capital.
Application has been made for 306,955 ordinary shares to be admitted to trading
on AIM and it is expected that dealings in the new ordinary shares will commence
at 8.00am on 2 October 2009.
On admission, the Company will have 94,429,687 ordinary shares in issue.The
above figure may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in, Leisure & Gaming under the FSA's Disclosure
and Transparency Rules.
The shares being issued were recorded as "Shares to be issued" within the Equity
section of the balance sheet. As from tomorrow, 2 October 2009, these shares
will be classified as Share Capital.
For further information, please contact:
Richard Creed
Leisure & Gaming plc
Tel 020 8545 2190
Charles Cunningham
Rose Herbert
FinnCap
Tel 020 7600 1658
Billy Clegg/Caroline Stewart,
Financial Dynamics
Tel: 020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
END
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