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DJ Milamber Ventures Plc Correction: Issue of Equity

 
TIDMMLVP 
 
15 May 2018 
 
                             Milamber Ventures plc 
                         ("Milamber" or "the Company") 
 
The number of shares in issue as stated in the Issue of Equity RNS released at 
9.19am on 14 May has been amended from 14,129,152 shares to 14,129,952 shares. 
 
All other details remain unchanged. The full amended text is shown below. 
 
                                Issue of Equity 
 
Milamber Ventures plc (NEX: MLVP) announces that the Company has issued a total 
of 4,751,392 new shares of 1p each in the Company ("Ordinary Shares"), 
comprising 3,665,837 Ordinary Shares issued in settlement of services to the 
Company and other obligations valued at GBP425,663, and 1,085,555 Ordinary Shares 
issued pursuant to cash subscriptions totalling GBP97,700. 
 
The issues were as follows: 
 
Goldvista Properties Limited - 833,333 Ordinary Shares issued at 12 pence per 
share in consideration amounting to GBP100,000 for Milamber's purchase of 
Essential Learning Co., as originally announced on 29 December 2017. 
 
Andy Hasoon - 555,555 Ordinary Shares issued at 9 pence per share for services 
valued at GBP50,000.00. 
 
James Drace-Francis - 530,000 Ordinary Shares issued at 9 pence per share. for 
GBP47,700 in cash and 318,650 shares issued at a weighted average price of 9.61 
pence per share for services valued at GBP30,615.94. 
 
Ajyal Group Limited - 555,555 Ordinary Shares issued at 9 pence per share for GBP 
50,000 in cash. 
 
Bill Hughes - 164,474 Ordinary Shares issued at 16 pence per share for services 
valued at GBP26,315.79. 
 
Amit Burman - 241,436 Ordinary Shares issued at a weighted average price of 
9.79 pence per share for services valued at GBP30,615.94. 
 
Stuart Irvine - 375,117 Ordinary Shares issued at a weighted average price of 
9.69 pence per share for services valued at GBP36,333.34. 
 
Anthony Bezzina - 480,843 Ordinary Shares issued at a weighted average price of 
10.66 pence per share for services valued at GBP51,250. 
 
NGT Enterprises - 71,429 Ordinary Shares issued at 10.5 pence per share for 
services valued at GBP7,500. 
 
Tim Moore - 625,000 Ordinary Shares issued at 16 pence per share for services 
valued at GBP100,000. 
 
As a result of the issues referred to above, the beneficial owners of Ordinary 
Shares amounting to 3% or more of the net issued Share Capital of the Company 
are now as follows: 
 
Andrew Hasoon                                  1,742,932 Ordinary 
Shares                12.3% 
 
James Drace-Francis                          1,318,650 Ordinary 
Shares                  9.3% 
 
Tim Moore                                           1,031,811 Ordinary 
Shares                  7.3% 
 
Mark Woodcock                                  1,000,000 Ordinary 
Shares                  7.1% 
 
Goldvista Properties Limited                 833,333 Ordinary 
Shares                  5.9% 
 
Ajyal Group Limited                               555,555 Ordinary 
Shares                  3.9% 
 
Anthony Bezzina                                    530,843 Ordinary 
Shares                  3.8% 
 
Anastasia Bloom                                    424,387 Ordinary 
Shares                  3.0% 
 
Gravity Investment Group is no longer interested in Ordinary Shares 
representing 3% or more of the current issued share capital of the Company. 
The Directors are interested in 2,020,810 Ordinary Shares, representing 14.3% 
of the current issued share capital of the Company. 
 
The proceeds of the subscriptions will be used for general working capital 
purposes. 
 
In accordance with the Financial Conduct Authority's Disclosure and 
Transparency Rules, the Company announces that it now has 14,129,952 Ordinary 
Shares in issue, each share carrying the right to one vote, and 959,215 
Ordinary Shares held in treasury. 
 
The above figure of 14,129,952 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. 
 
                                    -ends- 
 
ENQUIRIES: 
 
Milamber Ventures plc 
Andy Hasoon 
T: 07768 875 681 
E: Andy.hasoon@milamberventures.com 
www.MilamberVentures.com 
 
First Sentinel Corporate Finance Limited (NEX Exchange Corporate Adviser) 
Brian Stockbridge 
T: 020 7469 0930 
 
Leander (Financial PR) 
Christian Taylor-Wilkinson 
T: 07795 168 157 
E: ctw@leanderPR.com 
 
 
 
END 
 

(END) Dow Jones Newswires

May 15, 2018 02:00 ET (06:00 GMT)