Business
Admission of Placing
Admission of Placing.
About this update from Bow Street Group Plc.
[{"type":"text","content":"\n RNS Number : 5973N Tasty PLC 15 June 2010 \n \n\n \n \nTasty Plc (\"Tasty\" or the \"Company\")\n \nAdmission of Placing \n \nOn 9 June 2010, the Company announced that it has raised £2.0million, before expenses, through a placing of 10,000,000 new ordinary shares of 10 pence each (New Shares\") at a price of 20 pence per share (the \"Placing Price\") (the \"Placing\"). \n \nThe Board of the Company is pleased today to confirm the admission to trading on AIM of the New Shares (\"Admission\"). \n \nAs part of the Placing certain Directors of the Company subscribed for New Shares as set out below:\n \n\n\n\n\nName\n\n\nTitle\n\n\nNo. of New Shares subscribed for under the Placing\n\n\nShareholding as at Admission\n\n\n% shareholding as at Admission\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKeith Lassman\n\n\nChairman\n\n\n50,000\n\n\n69,320\n\n\n0.14%\n\n\n\n\nJonny Plant\n\n\nChief Executive \n\n\n250,000\n\n\n3,676,346\n\n\n7.69%\n\n\n\n\nSamuel Kaye\n\n\nExecutive Director\n\n\n2,075,000\n\n\n8,827,207\n\n\n18.45%\n\n\n\n\nAdam Kaye\n\n\nNon-Executive Director\n\n\n625,000\n\n\n7,377,207\n\n\n15.42%\n\n\n\n\n \nEach of the Directors, set out above, is a \"related party\" of the Company (as defined by the AIM Rules for Companies) by virtue of their directorships in the Company. The Directors subscriptions are, accordingly, treated as \"related party transactions\" under the AIM Rules for Companies. Evolution Securities Limited in its capacity as Nominated Adviser to the Company considers the terms of the related party transactions to be fair and reasonable insofar as the Company's shareholders are concerned. \n \n15 June 2010\n \nEnquiries:\n \n\n\n\n\nTasty plc\n\n\n\n\n\n\n\nJonny Plant\n\n\n020 7637 1166\n\n\n\n\n\n\n\n\n\n\n\n\nEvolution Securities\n\n\n020 7071 4300\n\n\n\n\nBobbie Hilliam\n\n\n\n\n\n\n\n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSEAKKLFADEEFF \n ","length":6975,"tagName":"div"}]