Issue of Equity
11 Giugno 2010 - 10:51AM
UK Regulatory
TIDMCMG
RNS Number : 4638N
Croma Group PLC
11 June 2010
Croma Group PLC
("Croma" or the "Company")
Issue of equity
The Board of Croma announces that, on 8 June 2010, the Company placed 4,000,000
new ordinary shares of 0.1p each ("New Ordinary Shares") (representing
approximately 2.16 per cent. of the current issued share capital of the Company)
at a price of 2.5 pence per share to Lord James Percy, a director of the
Company's subsidiary, Vigilant Security (Scotland) Limited, to raise GBP100,000
(before expenses).
The New Ordinary Shares are being subscribed for under existing authorities to
issue and allot shares.
Application has been made to the London Stock Exchange for the 4,000,000 New
Ordinary Shares to be admitted to trading on AIM and it is expected that
dealings will commence on or around 16 June 2010.
In accordance with FSA's Disclosure and Transparency Rules, the Company advises
that its increased issued share capital comprises 189,337,805 ordinary shares of
0.1 pence each. The voting rights of all of these shares are identical with each
share carrying the right to one vote. The Company holds no ordinary shares in
Treasury. The above figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, Croma Group Plc under the
Disclosure and Transparency Rules.
Chief Executive Quote
Sebastian Morley (CEO), commenting on the transaction, said:
"Following a number of strong contract wins, Croma welcomed the opportunity to
strengthen its balance sheet. We are pleased that Lord James Percy, a core
member of the Vigilant team, has expressed confidence in the Company through his
investment."
+---------------------------------+---------------------------------+
| Croma Group PLC | |
| Sebastian Morley, CEO | Tel: 07768 006909 |
| | |
+---------------------------------+---------------------------------+
| Brewin Dolphin (NOMAD): | |
| Sandy Fraser | Tel: 0845 213 2072 |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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