IN House Issue of Equity

Date : 02/03/2009 @ 4:09AM
Source : UK Regulatory (RNS and others)
Stock : IN House (IHGP)
Quote : 19.5  0.0 (0.00%) @ 1:00AM
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IN House Issue of Equity

 
TIDMIHGP 
 
For Immediate Release 03 February 2009 
 
               IN HOUSE GROUP PLC ("In House" or the "Company") 
 
                                ISSUE OF SHARES 
 
The Company announces that, today, it has issued 1,250,000,000 ordinary 
shares of 0.001p at a price of 0.004p to Graf Commercial Services Limited in 
settlement of the GBP50,000 working capital loan agreed on 27 November 2008 (as 
part of a facility announced on 29 October 2008). Consequently Graf Commercial 
Services Limited will hold 29.39% of the enlarged share capital of the Company. 
 
Application has been made for the 1,250,000,000 new ordinary shares, which will 
rank pari passu with the existing ordinary shares, to be admitted to trading on 
AIM and trading is expected to commence on 9 February 2009. As a result the 
Company's enlarged issued share capital will be 4,253,181,209 ordinary shares. 
 
Contact: Marcus Cassidy, In House Group Plc on 0845 061 9999 
 
mcassidy@ihgroup.co.uk 
 
Roland Cornish, Beaumont Cornish Limited, 
 
0207 628 3396 
 
Sergio Pani, Ulysses Communications & Promotions on 0845 345 2705 
 
sergio@ulyssesmarketing.com 
 
 
 
END 
 
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