Issue of Equity
June 18 2001 - 1:00PM
UK Regulatory
RNS Number:4562F
On-Line PLC
18 June 2001
ON-LINE PLC ("the Company")
Pursuant to the appointment of an advisor to a subsidiary company, the Company
has issued 10,000 Ordinary Shares of 50p each at a price of 120p. Application
has been made for the shares to be admitted to trading on AIM and admission is
expected on 25 June 2001.
Further to the announcement on Friday 15 June that David Crump sold 46,200
Ordinary Shares in the Company and Legal and General bought the same number of
shares to place into a pension scheme for the benefit of Mr Crump, whose
beneficial holding in the Company's shares remained unchanged at 84,750
Ordinary Shares, representing 1.47% of the total issued share capital, the
Company confirms that the sale by Mr Crump was at 116.0p per share and the
purchase by Legal and General was at 116.125p per share.
ENDS
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