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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ultrasis | LSE:ULT | London | Ordinary Share | GB0001494979 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.095 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Mar 2020 to Mar 2025
TIDMULT
RNS Number : 5314K
Ultrasis PLC
17 April 2015
Ultrasis plc
("Ultrasis" or the "Company")
Proposed Fundraising not proceeding
Further to the announcement of 31 March and the suspension of trading in the Company's shares, the Board has now been informed that Mr Bell is no longer in a position to participate in the proposed Fundraising and therefore as a result the proposed Fundraising will not proceed.
The Board is in discussions with various parties as it seeks to find alternative sources of funding.
The Company has received valid acceptances in respect of 264,067 Open Offer Shares from Qualifying Shareholders in respect of the Open Offer. Given the Fundraising will not proceed, the amounts lodged with Capita pursuant to the Open Offer will be returned to Qualifying Shareholders as detailed in the Circular.
Trading in the Company's shares remains suspended pending clarification of the Company's financial position.
Unless otherwise defined, all capitalised terms in this announcement shall have the meaning given to them in the Circular, which was posted to shareholders on 17 March 2015 and details of which were announced on that date
For all enquiries please contact:
Hot Features
Premium
Ultrasis plc Tel: +44 (0) 20 7535
2050
John Smith, Interim Executive
Chairman
finnCap Ltd
Geoff Nash/Simon Hicks Tel: +44 (0) 20 7220
0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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