Issue of Equity and Director Update
April 07 2009 - 7:25AM
UK Regulatory
TIDMBGT
RNS Number : 2780Q
Bright Things plc
07 April 2009
Bright Things plc
('Bright Things' or the 'Company')
ISSUE OF EQUITY and DIRECTOR UPDATE
The directors of Bright Things are sad to announce that Charles Delamain, Chief
Operating Officer of the Company died on 6 April 2009 following a road traffic
accident.
As a result, the details of the placing of 60,040,000 new ordinary shares,
announced on 6 April 2009 are altered. Charles Delamain was due to take up
8,000,000 of the new ordinary shares. Dominic Wheatley has agreed to take up
these shares in Charles Delamain's place.
Thus Dominic Wheatley will now take 12,800,000 of the placing shares
representing 21% of total number of shares subject to the placing. Following
admission to AIM, which remains scheduled for 8 April 2009, Dominic Wheatley
will hold 37,005,102 Ordinary Shares representing 18.9% of the total issued
shared capital of the Company.
Following the issue of equity, Charles Delamain's Estate will no longer have a
notifiable interest in the Company.
Dominic commented: "Charles was a dear friend whom I had known since we were at
school. He loved life and lived it to the full. Charles was courageous, loyal
and gifted. He excelled at so many things - as a soldier, husband, father,
businessman, fisherman, huntsman and friend to so many. He will be sorely missed
by all who knew him and our thoughts and prayers go to his family."
Bright Things PLC0845 299 7289
Dominic Wheatley, CEO
Edward Levey, Finance Director
HB Corporate
Luke Cairns/ Rory Creedon020 7510 8600
Threadneedle Communications020 7653 9850
Graham Herring
Alex White
This information is provided by RNS
The company news service from the London Stock Exchange
END
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