Introduction

Hot Tuna (International) PLC (AIM: HTT) owns the rights to the Hot Tuna brand, a progenitor of global youth fashion and one of the oldest and most iconic names in action sports, born in Australia with a heritage of authentic surf culture.

With its financial headquarters in London, Hot Tuna operates its design, manufacturing, production, marketing and distribution in downtown Los Angeles, California and also maintains wholly owned operations in Sydney, Australia.

Company History

Hot Tuna was born in Australia in the summer of 1969 to serve the demands of sojourning surfers, the product of a dedicated surfer�s passion fueled by the skill of his fashion designer wife. Spreading on the bodies and boards of watermen through coastal locales in the South Pacific, the brand quickly burgeoned globally, becoming an influential leader in the nascent surf industry and one of the progenitors of the neon era of surf in the '80s. Through the brand�s storied history, a long list of notables, in and out of the water, have waved the Hot Tuna banner at one time or another in their careers, including pro surfers such as Richie Lovett, Robbie Page, Beau Emerton and Drew Courtney.

In September 2005, Hot Tuna (International) PLC purchased the Hot Tuna brand from a consortium of investors and listed it on AIM, a division of the London Stock Exchange.

In the interest of managing its brand profile and distribution globally, the public Company began a rapid acquisition of its licensed interests around the world. Talented designers and key management with apparel business expertise from Quiksilver, O�Neill, Ocean Pacific, Rip Curl and Perry Ellis International, among others, were recruited to drive the process in the key markets of the United States, Australia and the United Kingdom. In July 2006, entrepreneur and fashion icon Elle Macpherson, who grew-up with the brand in Australia, was appointed as an executive director of Hot Tuna (International) PLC, her interests focused on design and distribution issues, as well as overall youth fashion and market insight.

Shares Issued 2,208.28m



Major Shareholders

As at 28 April 2011 the Company has been notified of the following interests of 3% or more in the issued ordinary share capital of the Company:

No of shares

% Holding

XCAP NOMINEES LIMITED A/C NOMINEE

275,500,000

12.31%

CHASE NOMINEES LIMITED A/C ARTEMIS

275,000,017

12.29%

BARCLAYSHARE NOMINEES LIMITED

155,953,121

6.97%

PUMA NOMINEES LIMITED A/C SMPRINC

130,869,476

5.85%

XCAP NOMINEES LIMITED A/C PRINMARK

112,500,000

5.03%

TD WATERHOUSE NOMINEES (EUROPE) LIMITED A/C SMKTNOMS

109,159,849

4.88%

HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 985770

82,733,333

3.70%

HSDL NOMINEES LIMITED

81,143,261

3.63%

CREDIT AGRICOLE CHEUVREUX INTERNATIONAL LIMITED A/C 3439

73,401,667

3.28%


http://www.hottunaplc.com/


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Strange day with 87m people deciding they want out and 120m people deciding they want in??????? Which just goes to prove it is all madness.Brings to mind some free advice from an investment manager many years ago."You can glean every bit of information,scour every news item,tout for info from friends likely to be in the know.OR save yourself a lot of time and energy and stick a pin in financial times share list, chances are you will do just as well"Was he right I wonder?? Where is that pin????

Its in Rockhopper beebusy

lol!

Is this latest news to emerge from the deep the equivelant of your teenage offspring saying" I p.s.ed the last £50 I suckered you into parting with against the wall, can I have some more" As I am holding a chunk of this fishy stock I will bide my time and see what the not so clever clogs come up with to return our hard earned cash to us, or not which is the more likely scenario.

90,000,000 block just sold @0.03p.Somebody did not like the rns

ooops - not a good rns - i hope you arent holding too many bb or better still none at all - i dont think it was received well by anyone apart from the new owners

650,000 which was worth something a few years ago but now wouldnt by er indoors afternoon tea! I have written it off and will ride it out just to see where it goes.Looking at the funds they hope to raise it wouldnt buy a good Bentley so where they hope to invest Lord only knows, Oxus maybe?? Lol

Hot Tuna (Intnl) plc

Issue of Equity


RNS Number : 2585W

Hot Tuna (International) plc

26 January 2012






26 January 2012



Hot Tuna (International) PLC

("Hot Tuna" or "the Company")

Equity Placing, Directors Dealing and TVR



The Board of Hot Tuna (International) PLC announces that it has placed 900,000,000 new ordinary shares at a price of 0.03p per share ('Placing Shares') raising £270,000 (the 'Placing'). It is proposed that attached to each Placing Share is 1 warrant ('Warrant'), to be issued upon, and subject to, shareholder approval at the upcoming Annual General Meeting granting authority to allot equity securites in the Company, exercisable at 0.03p from 27 January 2012 to 27 January 2015. The Placing Shares and Warrants were placed with new and existing shareholders and the funds will be used for working capital. Application will be made for the 900,000,000 new ordinary shares to be admitted to trading on AIM and dealings are expected to commence on 31 January 2012.

Marcus Yeoman, Non-Executive Director and Mark Barney Battles, proposed Non-Executive Director are each subscribing for 83,333,334 ordinary shares in the Placing. The independent directors, having consulted with Seymour Pierce Limited, consider the terms of the transaction fair and reasonable insofar as shareholders are concerned.

Following the Placing Mr Yeoman will have an interest in 88,333,334 ordinary shares representing 2.84% of the total number of ordinary shares in issue, and Mr Battles will have an interest in 83,333,334 ordinary shares representing 2.68% of the total number of ordinary shares in issue.

Further to the announcement of 23 March 2011 in respect of a placing of 1,084,981,000 new ordinary shares ('2011 Placing'), the Company has identified that an error was made and that the 2011 Placing should have stated that the number of new ordinary shares subscribed for was 1,054,981,000.

Following the Placing and the amendment to the 2011 Placing as set out above, the total number of ordinary shares in issue, and therefore the total number of voting rights is 3,108,284,090.


RNS today
Hot Tuna resolutions passed at AGM
StockMarketWire.com
Leading surf wear and fashion brand Hot Tuna (International) has announced that all the resolutions at its annual general meeting were duly passed.

At 1:03pm: (LON:HTT) share price was 0p at 0.05p


Story provided by StockMarketWire.com

a company that needs a placing to raise a crappy £270k tells you much about the directors and the future of the company - can it!

Hot potato - more apt!

bb 650,000 - not many then just hope you didnt pay much for them - if you have a share certificate might as well frame it lol or if short of loo paper..... if you catch my drift

on a serious note thought....wow..... that was a mighty big placing - a whole £270k - indeed not quite enough for a decent bentley maybe just enoug for a matchbox version though!! dont think we'll be seeing htt in the ftse 100 anytime soon lol!! £270k - oh i know - should just be about enough to keep the chairman in cigars for about a month lol!!

i heard the placing raised £270k costs for the placing were £1M LOL!!!!! :-))))

Company is worth more 2 Million now with The accrued TAX losses over a period.If they are very shrewd then there is a possibility that RTO can easily be done without a big fuss. I am hoping for a big announcement before end of this week as name of the company has been changed today. Obviously it is not worth .05 per share with all high class people are on board and the share price will be shooting upto 0.35-0.40 very soon.

lol , accrued tax losses are worth sweet fa unless they can make a profit.

Stick with my 2008 analysis , POS.

Why would they bother?? Why didnt they just wind it up??

Probably cos they paying themselves loads to run it so get their money back that way. The directors subsribed for less than £25k each !

Happens all the time with tin pot outfits.

Hot Tuna (International) PLC ("the Company")



Result of GM, change of name to Concha plc

and

Holdings in Company



Hot Tuna (International) Plc (AIM: HTT), a leading surf wear and fashion brand, announces that at the Company's General Meeting held today, all of the resolutions proposed to shareholders were duly passed.

Following the passing of the resolutions, the disposal of the domain names, trade marks and certain of the Company's stock (collectively "the Assets") to Project J Newco No.10 Limited, a wholly owned subsidiary of Brands Holdings Limited, for cash consideration of GBP950,000 ("the Disposal") is due to be completed on 7 February 2012. In light of shareholder approval of the sale of the Assets, the Board are winding down operations in the USA, Australia and the United Kingdom.

In addition, following shareholder approval, the Company's name change to Concha Plc (AIM Ticker: CHA) will become effective and the Company will begin trading under its new name from 8:00 a.m. on 7 February 2012.

The Company has also been informed that Credit Agricole Cheuvreux International Ltd no longer has a notifiable interest in the Company and that AXA Investment Managers SA has an interest in 132,333,333 ordinary shares representing approximately 4.26% of the issued share capital of the Company.