BGX Sofix Ucits Etf

RNS Number:5527A
Bioganix PLC
19 July 2007

This announcement replaces the version released at 2.58pm today under RNS number
                                     5481A.





Bioganix Plc is pleased to announce that at its EGM held today the resolutions
required to approve the Placing of 1,659,311 new ordinary shares at 145p each
were duly passed. The Placing has raised approximately #2,250,000 net of
expenses for the Company. The proceeds are being used primarily to provide the
equity content of the funding required for the construction and development of
the Company's next in-vessel composting plant to be built at Sharpness,
Gloucestershire.

Application has been made for the new ordinary shares to be admitted to trading
on AIM.  Admission of 1,273,103 of the new ordinary shares is expected to take
place on 20 July 2007.  The remaining 386,208 new ordinary shares will be
admitted on 23 July 2007.

Following the issue of the shares pursuant to the Placing, the Company's issued
and voting share capital comprises 8,117,646 ordinary shares of 10p each.




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

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