5 Aug 2015 16:29
Iafyds plc
("Iafyds" or the "Company")
Issue of equity
The Company announces that, further to the announcement of the reverse takeover and placing on 3 August 2015, it has issued 6,534 Ordinary Shares of 0.003 pence each in order to facilitate the proposed consolidation of the Company's share capital on a 1 new ordinary share for every 10,000 existing ordinary shares basis.
Application has been made for the Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 11 August 2015. Following Admission the total number of voting rights in Iafyds will be 10,056,430,000 Ordinary Shares. This number 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, the Company under the FCA's Disclosure and Transparency Rules.
Contact:
Iafyds PLC
Clive Carver, non-executive Chairman 07743 897 081
finnCap Limited (nominated adviser & broker)
Geoff Nash / Scott Mathieson 0207 220 0500