Issue of Ordinary Shares
24 3월 2007 - 12:56AM
UK Regulatory
RNS Number:6359T
Eicom PLC
23 March 2007
23 March 2007
EICOM plc ("Eicom" or "the Company"; stock code: EIC)
Issue of Ordinary Shares
Further to an announcement on 3 November 2006 relating to the signing of a
series of put and call options to raise a maximum of #2.7million net of
discount, Eicom, the digital TV channel management company, announces that it
has exercised the first two options and has placed 13,086,912 Ordinary Shares of
0.5p each at an average price of 7.64p per share to raise #1 million gross of
placing fees, #950,000 net of placing fees.
Application has been made today for these shares to be admitted to AIM, and
trading is expected to commence on 29 March 2007.
This brings the total number of Ordinary Shares with voting rights to 17,980,396
which 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.
For further information, please contact:
Eicom plc 0870 850 8102
Steve Timmins, Chief Executive
Grant Thornton Corporate Finance 020 7383 5100
Fiona Owen
Pacific Continental Securities 020 7769 7769
David Morgan/Glynn Reece
Bankside Consultants 020 7444 4140
Susan Scott/Michael Padley
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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