Issue of Equity
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The Company announces that it has drawn down a fifth tranche of £7,000 on the Convertible Loan Facility announced on 30 April 2009 and High Capital Investments Limited has requested that this be converted and therefore the Company is issuing 7 million ordinary shares of at a price of 0.1p to High Capital Investments Limited.
As a result of this and the previous conversion High Capital Investments Limited will own 3.6 per cent. of the enlarged issued share capital of the Company. The Company has also issued 7 million warrants exercisable by 29 April 2012 at a price of 0.1p
The shares have today been admitted to trading on PLUS.
Following the issue of equity, the Company has 302,096,907 ordinary shares in issue.
Contacts:
Marcus Cassidy, Chairman
The Brandsco Plc
Tel: 07919 033 333
Mark Anwyl, PLUS Corporate Adviser
St Helens Capital Partners LLP
Tel: 020 7368 6959
END
Company Profile
The Brandsco PLC (BRAP)
Price: 0.62 (at close of 31/08/2010)



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