Issue of Equity

TIDMETIP

ETAIREIA INVESTMENTS PLC
(“Etaireia” or the “Company”)

Issue of Equity

Etaireia announces that following receipt of notices to convert GBP100,000 nominal of unsecured, zero coupon convertible loan notes, the Company has today issued 100,000,000 ordinary shares at the conversion price of 0.1 pence per share.

As a result of this allotment, Mayfair International Limited holds a total of 50,000,000 ordinary shares representing 18.43% of the issued share capital and Manilva Investments Limited holds 50,000,000 ordinary shares representing 18.43% of the issued share capital of the Company.

In accordance with the FCA’s Disclosure and Transparency Rules, the Board of Etaireia confirms that following the above allotment, the Company has 271,360,784 ordinary shares of 0.1p in issue carrying voting rights.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.

The Directors of the Company accept responsibility for this announcement.

–ENDS–

Enquiries:

Etaireia Investments Plc
Greg Collier
Tel: 078 3018 2501

Peterhouse Corporate Finance Ltd
Eran Zucker and Fungai Ndoro
Tel: 020 469 0932

Etaireia Investments Plc

(END) Dow Jones Newswires

December 18, 2013 04:53 ET (09:53 GMT)

Posted in Uncategorized.