Back to all announcements

DJ Milamber Ventures Plc Issue of Equity

 
TIDMMLVP 
 
30 November 2016 
 
                             Milamber Ventures plc 
 
                         ("Milamber" or "the Company") 
 
                                Issue of Equity 
 
The Directors of Milamber (ISDX: MLVP), a specialist business incubator, are 
delighted to announce as per the strategic partnership described in the 
announcement on 5 August 2016, Cagri Yilmaz, the Chairman and CEO of Private 
Shares Limited, has been issued 156,250 ordinary shares of 1 pence each 
("Ordinary Shares) at a price of 16 pence each, for a consideration of GBP25,000. 
 
The Company has also issued 69,565 Ordinary Shares at a price of 11.5 pence per 
share and 44,469 Ordinary Shares at 16 pence per share, to Jeremy Lloyd, 
consultant to the Company, for services rendered amounting to GBP15,115. 
 
In addition, Andy Hasoon, Chairman of the Company has been issued with 83,333 
Ordinary Shares at 18 pence per share, for services rendered to the Company 
amounting to GBP18,000. 
 
Following the above issue of Ordinary Shares and in accordance with the 
Financial Conduct Authority's Disclosure and Transparency Rules, the Company 
hereby announces that it has 4,977,054 Ordinary Shares of 1p each in issue, 
each share carrying the right to one vote and 205,556 Ordinary Shares held in 
treasury. 
 
Following the issue of the Ordinary Shares described above, the Company is 
aware of the following significant shareholders: 
 
Shareholder                                  Number of Shares           % 
 
Andy Hasoon                                       614,726             12.3% 
 
SF Webb Capital Smaller Companies Growth          424,387             8.5% 
Fund 
 
Paul Rodger                                       350,001             7.0% 
 
Steve Blyth                                       294,444             5.9% 
 
Gary June                                         222,223             4.5% 
 
Barney Battles                                    364,583             7.3% 
 
Steve Stovold                                     166,667             3.3% 
 
Cagri Yilmaz                                      312,500             6.2% 
 
Peterhouse Corporate Finance                      153,125             3.1% 
 
Gary Mitchell                                     138,339             2.8% 
 
Jason Velody                                      138,339             2.8% 
 
Christian Andrew                                  138,339             2.8% 
 
The above figure of 4,977,054 Ordinary Shares may be used by shareholders in 
the Company as the denominator for the calculations by which they will 
determine if they are required to notify their interest in, or a change to 
their interest in, the share capital of the Company under the Financial Conduct 
Authority's Disclosure and Transparency Rules. 
 
The Directors of Milamber Ventures plc are responsible for the contents of this 
announcement. 
 
-ends- 
 
ENQUIRIES: 
 
Milamber Ventures plc 
 
Andy Hasoon 
 
T: 07768 875 681 
 
E: Andy.hasoon@milamberventures.com 
 
www.MilamberVentures.com 
 
Peterhouse Corporate Finance Limited (ISDX Corporate Adviser) 
 
Mark Anwyl and Fungai Ndoro 
 
T: 020 7469 0930 
 
Cadogan Leander (Financial PR) 
 
Christian Taylor-Wilkinson 
 
T: 07795 168 157 
 
 
 
 
 
 
END 
 

(END) Dow Jones Newswires

November 30, 2016 04:57 ET (09:57 GMT)