Business
Admission and First Day of Dealings on AIM
Admission and First Day of Dealings on AIM.
About this update from Kromek Group Plc
[{"type":"text","content":"\n \nRNS Number : 5946Q Kromek Group PLC 16 October 2013 \n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN. \n \nThis document does not constitute an offer to sell or solicitation to buy securities in the United States. Shares of Kromek may not be offered or sold in the United States without being registered under the United States Securities Act of 1933, as amended (\"U.S. Securities Act\") or based on an available exemption from such registration. The securities mentioned herein have not been and will not be registered under the U.S. Securities Act and no public offering of shares is being or will be made in the United States.\n \nThis communication is directed only at (i) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (\"Order\") (investment professionals) or (ii) persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations etc) (all such persons referred to above being \"Relevant Persons\"). Any investment activity to which this communication relates will only be available to and will only be engaged with Relevant Persons. \n \nKromek Group Plc\n(\"Kromek\" or \"the Company\" or \"the Group\")\nAdmission and First Day of Dealings on AIM\n \nKromek Group Plc (AIM: KMK), a UK based technology company, developing high performance materials and products for radiation detection, is pleased to announce that its shares will today be admitted to trading on AIM.\n \nThe Company has raised £15 million before expenses through the sale of new ordinary shares at a price of 51 pence per share in an oversubscribed fundraising. At admission, the Company will have a total of 107,607,335 ordinary shares in issue.\n \nThe proceeds of the fundraising will be used for product development, expansion of the sales and marketing team, investment into the Company's i...