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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pursuit Dynamic | LSE:PDX | London | Ordinary Share | GB0030310964 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.975 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2276M Pursuit Dynamics PLC 12 June 2003 Pursuit Dynamics PLC ("Pursuit" or "the Company") Placing Pursuit Dynamics PLC has raised #0.5 million net of expenses through the placing of 1,907,904 new ordinary shares of 1p each at a price of 29 pence per share. The funds, raised through a conditional placing with institutional investors, will provide additional working capital for the Company. Pursuit CEO John Heathcote said: "We started formal marketing of our PDX System to the process industries in the UK last month. The response from these, and other interested industry sectors both here and abroad, has been extremely encouraging. The proceeds from this placing will allow us to expand our marketing effort, which I am confident will take us through to revenue generation during 2003." The new ordinary shares have been conditionally placed at 29 pence per share, a discount of 13.4% to yesterday's closing mid-market share price of 33.5 pence per share. The placing is conditional upon admission of the new shares becoming effective on or before 20 June 2003 (or such later date as the Company and Durlacher Limited may agree, being no later than 30 June 2003). Application will be made for the new ordinary shares to be admitted to trading on the AIM Market of the London Stock Exchange with dealings expected to commence on Wednesday 18 June 2003. The new ordinary shares will rank pari passu in all respects with the existing shares in issue. Pursuant to sections 324 to 328 of the Companies Act 1985 and rule 15 of the AIM Rules the following information falls to be disclosed. Director % of Original % of Enlarged Shareholding ISC ISC Ronald C Trenter 185,000 0.48% 0.46% John G M Heathcote 13,125,600 34.40% 32.76% John H Clarke 3,260,000 8.54% 8.14% Gary S Pyle 50,000 0.13% 0.12% Peter Taylor 1,527,641 4.00% 3.81% For further information, please contact: John Heathcote Chief Executive Officer 01763 250592 Gary Pyle Financial Director 01763 250592 Durlacher Limited Matthew Robinson/David Rae 020 7459 3600 Public Relations Hugo de Salis St Brides Media & Finance 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange END IOEKFLFFXQBLBBV
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1 Month Pursuit Dynamic Chart |
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