Result of General Meeting - Replacement

 

TIDMRDP 
 
RNS Number : 8217E 
Radicle Projects Plc 
30 December 2009 
 

30 December 2009 
Radicle Projects PLC 
("Radicle" or the "Company") 
 
 
Result of General Meeting - Replacement 
Change to Placing timetable 
 
 
The following announcement replaces RNS 8171E due to an amendment to the date of 
the meeting of Noteholders and accordingly the date of admission of the Placing 
Shares to trading on AIM, which should read as follows: 
 
 
The Board of Radicle is pleased to announce that all the resolutions proposed at 
the Company's General Meeting held earlier today were duly passed, including the 
resolutions authorising the directors to allot the Placing Shares. 
 
 
The Placing remains conditional on the Noteholders approving the Note 
Restructure. The Company announced on 14 December 2009 that approval by the 
Noteholders is expected to occur at a meeting of Noteholders at 10:00 a.m. on 31 
December 2009. The meeting of Noteholders has been deferred until 12.00 noon on 
8 January 2010 and admission of the Placing Shares to trading on AIM is now 
expected to be on Monday 11 January 2010. 
 
 
Application will be made to the London Stock Exchange for the Placing Shares to 
be admitted to trading to AIM. The Placing Shares will, when issued, rank 
equally in all respects with the other Ordinary Shares in issue including the 
right to receive dividends and other distributions declared. 
 
 
In accordance with the Financial Services Authority's Disclosure and 
Transparency Rules, following the admission of the Placing Shares, the Company's 
Enlarged Issued Share Capital will be 51,673,971 Ordinary Shares. 
 
 
The above figure may be used by shareholders as the denominator for the 
calculations by which they will determine if they are required to notify their 
interest in, or a change to their interest in Radicle, under the Disclosure and 
Transparency Rules. 
 
 
All defined terms used in this announcement have the same meaning as stated in 
the circular dated 14 December 2009 sent to Shareholders in connection with the 
Placing. 
 
For further information please contact: 
 
 
+--------------------------------------------------+-------------------+ 
| Radicle Projects PLC                             |     020 7016 5300 | 
+--------------------------------------------------+-------------------+ 
| Tim Bennett                                      |    [phone] | 
|                                                  |              6711 | 
+--------------------------------------------------+-------------------+ 
|                                                  |                   | 
+--------------------------------------------------+-------------------+ 
| Charles Stanley Securities                       |     020 7149 6000 | 
+--------------------------------------------------+-------------------+ 
| Nominated Adviser                                |                   | 
+--------------------------------------------------+-------------------+ 
| Russell Cook / Ben Johnston                      |                   | 
+--------------------------------------------------+-------------------+ 
|                                                  |                   | 
+--------------------------------------------------+-------------------+ 
| Amstel Securities N.V.                           |     020 7822 7116 | 
+--------------------------------------------------+-------------------+ 
| Romil Patel                                      |                   | 
+--------------------------------------------------+-------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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