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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Vossloh AG | TG:VOS | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.20 | -0.41% | 49.00 | 49.00 | 49.15 | 49.30 | 49.00 | 49.30 | 271 | 10:30:00 |
RNS Number:7303T Voss Net PLC 31 December 2003 31 December 2003 VOSS NET PLC (the "Company") Placing and Share Issue The Company has today raised #100,000 before expenses, by the placing of 40,000,000 new ordinary shares of 0.01p each in the Company at 0.25p per share. The placing provides additional working capital for the Company. A further 11,750,000 new ordinary shares have also been issued in settlement of professional fees. As previously announced on 10 October 2003, the Company Voluntary Arrangements and associated matters were financed under an agreement between the Company, Great Monument Capital Limited (Great Monument), Mr Jeremy Gilbert, Mr Leo Knifton and Mr Nigel Weller, under which Great Monument provided a loan of #25,000 to the Company. The agreement provided that the Company would issue such number of new ordinary shares to a company controlled by Mr Leo Knifton and Mr Nigel Weller as will equal, when aggregated with the shares arising on conversion of the loan, 29.9% of the then issued share capital of the Company. Accordingly the Company has today issued 48,748,032 new ordinary shares to Zaika Limited in accordance with this agreement. In summary, the Company has today issued 100,498,032 new ordinary shares of 0.01p each to increase the number of issued ordinary shares to 163,036,898 ordinary shares of 0.01p each. Application has been made for the 100,498,032 new ordinary shares to be admitted to trading on AIM and dealings are expected to commence on 7 January 2004. This information is provided by RNS The company news service from the London Stock Exchange END IOEXBLFXXLBXFBQ
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