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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Addworth | LSE:ADW | London | Ordinary Share | GB00B05KLT09 | 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% | 0.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 4966A Addworth PLC 01 August 2008 1 August 2008 Addworth Plc ("Addworth" or "the Company") Issue of Equity The Board announces that that the Company has issued and allotted 6,000,000 new ordinary shares of 0.5p nominal value in the capital of the Company at 0.75p per share (the "Placing Shares"), to raise gross proceeds of £45,000 (the "Placing"). The Placing Shares have been issued to Rusape Limited who will, following completion of the Placing, hold 6,000,000 ordinary shares or 4.09% in the enlarged issued capital of Addworth. The proceeds of the Placing will provide the Company with additional working capital. The new ordinary shares rank pari passu with the Company's existing ordinary shares. The Company has made application for admission to trading of the new 6,000,000 ordinary shares to AIM and trading is expected to commence on 7 August 2008. The total number of ordinary shares in issue following the issue of the Placing Shares is 146,666,666. -End- For further information: Addworth Plc Mark Watson-Mitchell 020 7638 8750 www.addworth.co.uk Nabarro Wells & Co. Ltd Hugh Oram 020 7634 4860 Notes to Editors Addworth plc (ADW), which gained admission to AIM on 3 February 2005, was formed primarily to act as an "active capital investor". The focus is on the growth of capital value and the generation of fee income from: establishing and funding newly quoted sector focused companies; acquiring and developing companies with growth potential; and taking minority equity positions in undervalued smaller listed companies. This information is provided by RNS The company news service from the London Stock Exchange END IOEFGGGRDMMGRZM
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