Issue of Equity
February 03 2009 - 4:09AM
UK Regulatory
TIDMIHGP
For Immediate Release 03 February 2009
IN HOUSE GROUP PLC ("In House" or the "Company")
ISSUE OF SHARES
The Company announces that, today, it has issued 1,250,000,000 ordinary
shares of 0.001p at a price of 0.004p to Graf Commercial Services Limited in
settlement of the GBP50,000 working capital loan agreed on 27 November 2008 (as
part of a facility announced on 29 October 2008). Consequently Graf Commercial
Services Limited will hold 29.39% of the enlarged share capital of the Company.
Application has been made for the 1,250,000,000 new ordinary shares, which will
rank pari passu with the existing ordinary shares, to be admitted to trading on
AIM and trading is expected to commence on 9 February 2009. As a result the
Company's enlarged issued share capital will be 4,253,181,209 ordinary shares.
Contact: Marcus Cassidy, In House Group Plc on 0845 061 9999
mcassidy@ihgroup.co.uk
Roland Cornish, Beaumont Cornish Limited,
0207 628 3396
Sergio Pani, Ulysses Communications & Promotions on 0845 345 2705
sergio@ulyssesmarketing.com
END
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