15 June 2017
ETAIREIA INVESTMENTS PLC
(Etaireia" or the "Company")
Issue of Equity
Etaireia is pleased to announce that following a request from Mr Babak Shirazi, the Company has issued 3,333,334 new ordinary shares under his option agreement. The 3,333,334 new ordinary shares of 0.01p each have been issued at the agreed price of 0.09p per new ordinary share and the Company has received payment of £3,000.
Following this allocation of shares under the option agreement dated 14th July 2016 there remains a total of 330,000,000 shares granted but currently unallocated.
Following the issue of the new shares above, the issued share capital of the Company will increase to 1,867,949,955 ordinary shares of 0.01p each. The new ordinary shares shall rank pari passu with the Company's existing ordinary shares.
Shareholders may use the above figure 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, the share capital of the Company under the Disclosure and Transparency Rules.
The 3,333,334 new ordinary shares will be admitted to trading on NEX Exchange Growth Market today, 15 June 2017.
The Directors of the Company accept responsibility for this announcement.
ENDS
Enquiries:
Etaireia Investments Plc
Tel: 079 1756 5565
Baron Bloom, Chairman
NEX CORPORATE ADVISER:
Alexander David Securities Limited
David Scott - Corporate Finance
James Dewhurst - Institutional Sales
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com 49 Queen Victoria Street, London EC4N 4SA