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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ebtm | LSE:EBTM | London | Ordinary Share | GB00B0BHCS10 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.09 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 2073Y EBTM PLC 02 July 2008 EBTM EBTM plc ("EBTM" or "the Company") Institutional Placing EBTM plc, the online retailer of music inspired clothing, has raised £675,000 before expenses through the placing of 19,285,715 new ordinary shares ("Placing Shares") with institutional investors at a price of 3.5p per share. The proceeds will be used for additional working capital and to fund the future development of the Company. Application will be made for the new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 10 July 2008. The Placing Shares represent 7.17 per cent. of the enlarged share capital of the Company and will be issued pursuant to the Company's existing authorities. Following the issue of the Placing Shares, the Company will have 269,097,744 ordinary shares in issue. Richard Breeden, Chief Executive, said: "Following the excellent progress reported in our preliminary results for the year ended 30 April 2008, as announced on 17 June 2008, we are very pleased to have raised these new funds which will further underpin our strategy of strong growth. With online retailing predicted to continue to grow rapidly, the Board views the outlook for the business in the current financial year as extremely positive." Enquiries EBTM plc Richard Breeden, Chief Executive 020 7819 1950 Officer Ian Collins, Chief Financial Officer Nominated Adviser Nabarro Wells & Co. Limited Hugh Oram 020 7634 4700 Blue Oar Securities Plc Jerry Keen 020 7448 4400 Biddicks ZoBiddick/Sophie Lane 020 7448 1000 This information is provided by RNS The company news service from the London Stock Exchange END IOEFLLLBVDBLBBE
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