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(RNS) 2009-10-23 11:33
Astaire Group Plc - Issue of Equity & Total Voting Rights
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RNS Number : 2966B Astaire Group Plc 23 October 2009

23 October 2009

Astaire Group PLC ("Astaire" or the "Company")

Additional Listing and Total Voting Rights

Astaire has today applied for the admission to trading on AIM of 2,076,637 new ordinary shares of 0.1p each. Of the new shares, 759,935 have been issued following closure of the offer by Astaire ("Offer") to acquire the entire issued, and to be issued, share capital of Dowgate Capital PLC ("Dowgate") and Astaire compulsorily acquiring (under sections 979 to 982 (inclusive) of the Companies Act 2006), on the same terms as the Offer, any remaining ordinary shares in Dowgate that had not accepted the Offer.

A further 1,316,702 ordinary shares were issued for the remaining dissenting shareholders of Dowgate, on the same terms as the Offer, which will be held on trust by Neville Registrars Limited and which completes the issue of shares pursuant to the Offer.

The 2,076,637 new shares are expected to be admitted to trading on AIM on 29 October 2009.

Total Voting Rights

In accordance with the FSA's Disclosure and Transparency Rules, Astaire notifies the market of the following:

As at close of business on 22 October 2009, the Company's issued share capital consisted of 205,309,518 ordinary shares with a nominal value of 0.1p each with voting rights. The Company does not hold any shares in Treasury. Therefore, the total number of voting rights in Astaire Group PLC is 205,309,518.

The above figure of 205,309,518 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.

Enquiries:


Astaire Group PLC Tel: 020 7448 4400
Edward Vandyk www.astairegroup.co.uk
Fairfax I.S. PLC Tel: 020 7598 5368

Jeremy Porter


Maitland Tel: 020 7379 5151

Neil Bennett and George Hudson

This information is provided by RNS The company news service from the London Stock Exchange

END

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