Issue of Equity
20 October 2006
In order to satisfy market demand the Company announces that it has today issued and allotted 100,000 ordinary shares at a price of 115p and made an application for them to be admitted to trading on AIM.
These shares are expected to be admitted to trading on AIM on 26 October 2006.
For Further Information:
| General Capital | |
| Mark Edworthy, Managing Director | Tel: +44 (0) 1473 252 565 |
| mark.edworthy@generalcapital.co.uk | |
| Daniel Stewart | |
| Jonny Franklin-Adams | Tel: +44 (0) 20 7776 6579 |
| jonny.franklin-adams@danielstewart.co.uk |
Media Enquiries:
| Abchurch Communications | |
| Heather Salmond / Laura Riascos | Tel: +44 (0) 20 7398 7700 |
| heather.salmond@abchurch-group.com | www.abchurch-group.com |
Notes to Editors:
About General Capital
General Capital is an independent asset and venture finance specialist established in 1991. It has developed a strong niche in an under-serviced and growing market, providing a range of lending solutions to UK SME’s. Its three core focuses are commercial asset finance, property development and bridging and venture finance.
General Capital’s financing methods provide intelligently structured bespoke solutions for each client. It is experienced in supporting businesses through all stages of development; well backed start-ups, growth situations, turnaround projects, acquisitions, and management buy outs and buy ins. General Capital also has specific and growing experience in providing finance to companies on track for AIM flotations.
In September 2006, General Capital floated on AiM by way of a reverse take-over of Clan Homes plc and is currently capitalised at approximately £20 million.