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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arteon | LSE:ARTO | London | Ordinary Share | GB00B54PND91 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMARTO Arteon PLC / Index: AIM / Epic: ARTO 10 February 2010 Arteon PLC (`Arteon' or `the Company') Issue of equity Issue of equity The Company announces that, in order to promote liquidity in the Company's shares and improve the balance sheet, it has issued 45,000 new ordinary shares in the company at a price of 120 pence per share representing proceeds of GBP 54,000. Included in the above, certain suppliers have agreed to convert GBP19,000 of liabilities in to new ordinary shares in the Company. The proceeds will be used to provide the Company with additional working capital resources. The 45,000 new ordinary shares will rank pari passu with the existing ordinary shares. Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM. Admission is expected to occur on or around 16 February 2010. Shareholder working capital facility The board has agreed in principle that the Company will enter into a new shareholder financing facility, the terms of which are currently being negotiated. A further announcement in relation to this matter will be made in due course. ** ENDS ** For further information visit www.arteonplc.com or contact: Peter Hagerty Arteon PLC Tel: +44 (0)20 7148 7700 Gavin Burnell Astaire Securities PLC Tel: +44 (0)20 7448 4400 Isabel Crossley St Brides Media & Finance Tel: +44 (0)20 7236 1177 Ltd Paul Youens St Brides Media & Finance Tel: +44 (0)20 7236 1177 Ltd END
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