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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Formjet (See LSE:TQC) | LSE:FMJ | London | Ordinary Share | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.715 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6298L Formjet PLC 28 April 2005 FORMJET PLC ('the Company') Issue of Equity Introduction The Company is pleased to announce that it has agreed terms for a placing of 13,450,000 new Ordinary Shares by the Company with a number of institutional investors, through Daniel Stewart & Company PLC ('Daniel Stewart'), in order to raise approximately #0.9 million (before expenses) at a placing price of 6.75 pence per new Ordinary Share. Reasons for the placing The proceeds of the placing will provide capital for new distribution opportunities, strategic acquisitions of complementary businesses and to acquire new purpose-built premises to accommodate the Group's expansion. Terms of the placing Conditional, inter alia, on the placing shares being admitted to trading on AIM, Daniel Stewart has conditionally placed 13,450,000 new Ordinary Shares with institutional investors at a price of 6.75 pence per Placing Share, to raise approximately #0.9 million before expenses. The Placing is not being underwritten. The Placing Shares will rank pari passu with the Existing Ordinary Shares. The Placing Shares are expected to be admitted to trading on AIM on 9 May 2005. Placing statistics: Placing price 6.75p Number of placing shares 13,450,000 Estimated net proceeds of the placing #850,000 Percentage of enlarged share capital represented by the placing shares 16.6% Number of Ordinary Shares in issue following the placing 80,991,338 Contacts: Lyndon Chapman, Chairman and Chief Executive 01223 531160 Tom Jenkins, Daniel Stewart & Company plc 020 7374 6789 This information is provided by RNS The company news service from the London Stock Exchange END IOEBCGDSRSDGGUR
1 Year Formjet(See LSE:TQC) Chart |
1 Month Formjet(See LSE:TQC) Chart |
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