TIDMMDS 
 
RNS Number : 7350U 
Midas Capital PLC 
30 June 2009 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR 
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE 
RELEVANT LAWS OF SUCH JURISDICTION 
 
 
 30 June 2009 
Midas Capital  PLC 
("Midas" or the "Company") 
 
 
Completion of restructuring of loan facilities 
 
 
Midas Capital plc, the AIM quoted company encompassing Fund Management, Wealth 
Management and Corporate Services, announces that, following receipt of the 
appropriate regulatory approvals, it has completed the restructuring of its' 
loan facilities with Bank of Scotland plc. The proposed restructuring of the 
loan facilities had been announced on the 18 May 2009 and was approved by 
shareholders at the General Meeting of the Company held on 3rd June 2009. 
 
 
As part of the restructure of the loan facilities 12,242,594 new ordinary shares 
of 0.1 pence each in the ordinary share capital of the Company have been issued 
to Bank of Scotland plc. It is expected that these new ordinary shares will be 
admitted to trading on AIM and dealings in the enlarged share capital will 
commence on AIM at 8.00 a.m. on 30 June 2009 ("Admission"). 
 
 
Following Admission, the Company's issued ordinary share capital will comprise 
69,578,514 ordinary shares of 0.1 pence each with voting rights. This figure 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 in their interest in, the share capital of the Company under the 
FSA's Disclosure and Transparency Rules. 
 
 
Following  the issue of new shares to Bank of Scotland plc the following 
shareholders have shareholdings greater than 3% of the enlarged share capital: 
 
 
+----------------------+---------------+--------+ 
|                      |    Shares     |   %    | 
+----------------------+---------------+--------+ 
| Bank of Scotland plc |   12,242,594  | 17.60% | 
+----------------------+---------------+--------+ 
| S W Edwards          |   9,562,977   | 13.74% | 
+----------------------+---------------+--------+ 
 
 
For further information, please contact: 
 
 
Colin Rutherford, Executive Chairman, Midas 07500 966416 
Roland Cross, 
Director, Broadgate             020 7726 6111 
Richard Vaughan/Matt Stoate, 
Kinmont           020 7087 9100 
(Financial Advisor to Midas) 
James Steel, 
Arbuthnot Securities Limited      020 7012 2000 
(Nominated Advisor and Broker 
to Midas) 
 
 
Web: www.midascapitalplc.com 
 
 
Kinmont Limited, which is authorised and regulated in the United Kingdom by the 
Financial Services Authority, is acting as financial advisor to the Company in 
relation to the matters referred to in this announcement and no one else and 
will not be responsible to any other person for providing the protections 
afforded to clients of Kinmont or for providing advice in relation to the 
matters referred to in this announcement. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCPUUQPQUPBPUB 
 

Midas Capital (LSE:MDS)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Midas Capital Charts.
Midas Capital (LSE:MDS)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Midas Capital Charts.