Issue of Equity
November 25 2009 - 12:14PM
UK Regulatory
TIDMCLS
RNS Number : 1001D
Cheerful Scout PLC
25 November 2009
Cheerful Scout Plc / Index: AIM / Epic: CLS / Sector: Media
Cheerful Scout Plc ('Cheerful' or 'the Company')
Issue of Equity & Total Voting Rights
Cheerful Scout Plc, the AIM-traded multi-media specialist, have agreed to issue
to Seymour Pierce Limited 100,000 ordinary shares of 12.5p each in lieu of fees.
Admission of the new ordinary shares to trading is expected to occur on or
around 1 December 2009. The shares will rank pari passu with the existing
ordinary shares in issue. Seymour Pierce have agreed not to dispose of these
shares for a period of 12 months.
Following on from the issue of 100,000 ordinary 12.5p shares to Seymour Pierce
Limited, the total number of ordinary shares in issue is 8,037,500. This figure
may be used by shareholders 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, Cheerful under the FSA's Disclosure and
Transparency Rules.
* * ENDS * *
For further information contact:
+--------------------------+---------------------------+--------------------+
| Gary Fitzpatrick | Cheerful Scout Plc | Tel: 020 7291 0444 |
+--------------------------+---------------------------+--------------------+
| Mark Percy | Seymour Pierce | Tel: 020 7107 8030 |
+--------------------------+---------------------------+--------------------+
| Susie Callear | St Brides Media & Finance | Tel: 020 7236 1177 |
| | Ltd | |
+--------------------------+---------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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