Placing Announcement
March 13 2009 - 12:26PM
UK Regulatory
TIDMCADP
Placing Announcement
Captive Audience Display Solutions Plc
Placing Announcement
Captive Audience Display Solutions plc ("CAds") is pleased to announce that it has completed a placing of 7,335,000 New
Ordinary Shares ("the Placing Shares") of ?0.0001 each at a price of StgGBP0.007 per share to raise gross proceeds of
StgGBP51,345. The estimated expenses of the placing are StgGBP4,621. The net proceeds of the placement will be used to fund
the ongoing operating costs and working capital requirements of the Company.
As a result of the above transaction, the Company now has 181,315,227 Ordinary Shares in issue. The Directors
shareholding following the placing remains at 23,200,769 Ordinary Shares which now represents 12.8% of the enlarged
share capital.
Following the placing, the substantial shareholdings which remain unchanged are stated below. The revised percentage
holding following the placing are also detailed below:
No. of Percentage of
Ordinary Issued Share
Shares Capital
Liam McGrattan(1) 9,220,769 5.09%
Brian McDonnell 9,380,000 5.17%
Nial Ring 5,881,538 3.24%
Declan Fleming(2) 7,100,000 3.92%
(1) Includes shares held by Wilhan Limited, a company controlled by Liam McGrattan.
(2) Includes shares held by Irish Graphic Equipment Limited, a company controlled by Declan Fleming
The directors of CAds accept responsibility for the contents of this announcement.
For further information on Captive Audience Display Solutions please contact,
Liam McGrattan / Brian McDonnell, Captive Audience Display Solutions plc,
T: 01-8230510 M: 087 2745427 / 087 238 3419
Captive Audience Display Solutions plc
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