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DJ Black Sea Property PLC Issue of Equity

TIDMBSP

RNS Number : 2420L

Black Sea Property PLC

29 September 2016

BLACK SEA PROPERTY PLC

("Black Sea Property" or the "Company")

ISSUE OF EQUITY

Black Sea Property PLC, the Bulgarian property investment company, announces that it has issued 695,000 ordinary shares to Peterhouse Corporate Finance Limited ("New Shares") to settle outstanding fees of GBP6,000 (EUR6,950) at EUR0.01 per share.

The New Shares rank pari passu with the existing ordinary shares.

Following this allotment of New Shares, the Company has 365,807,896 ordinary shares in issue.

The Directors of the issuer accept responsibility for the contents of this announcement.

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For further information, please visit www.blackseapropertyplc.com or contact the following:

 
 BLACK SEA PROPERTY PLC 
  Alex Borrelli, Chairman         +44(0) 774 702 0600 
 PETERHOUSE CORPORATE FINANCE 
  LIMITED 
  ISDX Corporate Adviser 
  Heena Karani and Fungai 
  Ndoro                          +44 (0) 207 469 0930 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

September 29, 2016 10:20 ET (14:20 GMT)