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RNS Number : 1499S

32Red Plc

16 December 2016

16 December 2016

32Red Plc

("the Company")

Issue of Equity

The Company announces today that it has issued 250,000 new ordinary shares of 0.2p each to Matthew Booth (Director) to satisfy an award made on 12 December 2013 under the Company's approved Long Term Incentive Plan (LTIP).

Application will be made for 250,000 ordinary shares of 0.2p each to be admitted to trading on AIM. The New Shares will rank pari passu in all respects with the existing shares in issue and dealings in the New Shares are expected to commence on 22 December 2016.

Following the admission of these shares to trading on AIM, a total of 85,347,528 ordinary shares are in issue and Mr Booth is interested in 366,958 ordinary shares of the Company, representing 0.43% of the total issued share capital and Total Voting Rights of the Company.

Enquiries:

 
32Red Plc                            Tel: +00 350 200 
                                      49396 
Ed Ware, CEO 
Jon Hale, CFO 
 
Numis Securities Limited             Tel: +44 (0) 20 7260 
                                      1000 
Michael Meade (Nominated Adviser) 
Chris Wilkinson (Corporate Broking) 
Michael Burke (Corporate Broking) 
 
Hudson Sandler                       Tel: +44 (0) 207 
                                      796 4133 
Alex Brennan                         32Red@hudsonsandler.com 
Bertie Berger 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 16, 2016 10:52 ET (15:52 GMT)

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