Ace Liberty & Stone PLC AQSE Only - Issue of Ordinary Shares (6500U)
24 Novembre 2023 - 5:35PM
UK Regulatory
TIDMALSP
RNS Number : 6500U
Ace Liberty & Stone PLC
24 November 2023
ACE LIBERTY AND STONE PLC
("Ace" or "the Company")
Issue of Ordinary Shares
Ace Liberty and Stone Plc (AQSE: ALSP), the active property
investment company, capitalising on commercial property investment
opportunities across the UK, today announces that the company has
issued 12,000 ordinary shares of 25p each (the "Ordinary
Shares").
The Ordinary Shares were issued at an agreed price of 69p in
settlement of an invoice for professional fees.
Application will be made for the listing of these Ordinary
Shares, which will rank pari passu with the existing Ordinary
Shares in issue, to be admitted to trading on the AQSE Growth
Market. Dealings are expected to commence on or around 30(th)
November 2023.
Following this allotment, the total number of issued Ordinary
Shares in the Company will be 71,672,736.
The above figure of 71,672,736 should 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
make a change to their interest in, the share capital of the
Company under the Financial Conduct Authority's Disclosure and
Transparency Rules.
The Directors accept responsibility for this announcement.
- ends -
For further information, please contact:
Ace Liberty & Stone Plc
Laura Yates, Finance Director Tel: +44 (0) 20 7201 8340
http://acelibertyandstone.com
Alfred Henry Corporate Finance
Ltd,
AQSE Exchange Corporate Adviser
Nick Michaels Tel: +44 (0) 20 3772 0021
www.alfredhenry.com
SP Angel Corporate Finance LLP
Broker
Vadim Alexandre / Rob Rees Tel: +44 (0)20 3470 0470
www.spangel.co.uk
Notes to Editors
Ace Liberty & Stone Plc is a property investment company
with a diverse portfolio of properties located across the UK ,
predominantly in the midlands and north of England , which are now
the focus of Government incentives. The Company locates commercial
properties which have creditworthy tenants, several years' rental
income and the potential for an increase in value through creative
asset management activity, such as change of tenancy, change of use
or new lease negotiation. Ace has maintained a track record of
generating strong profits at disposal of properties and achieving
better-than average returns on capital. With strong support from
shareholders and mortgage lenders, the Company is currently seeking
to deploy its strong balance sheet and is seeking further
investment opportunities in the UK to create value for existing and
new investors.
Ace is run by a board with extensive property experience, an
excellent network of contacts and relevant professional
qualifications. This sector expertise has allowed the Board to
identify opportunities and act promptly to secure investments.
For more information on the Company please visit
www.acelibertyandstone.com
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END
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November 24, 2023 11:35 ET (16:35 GMT)
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