Business
Issue of Equity
Issue of Equity.
About this update from Metir Plc
[{"type":"text","content":"\n \nRNS Number : 6117H Microsaic Systems plc 24 June 2013 \n\nMicrosaic Systems plc\n(\"Microsaic\" or the \"Company\")\n \nAllotment of Shares and Directors' Interests\n\n\n \n \n24 June 2013: Microsaic Systems plc (AIM: MSYS), the developer of chip-based scientific instruments, announces that it has allotted 17,185 ordinary shares of 0.25 pence each in the Company (\"Ordinary Shares\") at a price of 32p per share to The Microsaic Systems Share Incentive Plan (\"SIP\").\n \nApplication has been made for the 17,185 Ordinary Shares to be admitted to AIM, with trading expected to commence on 27 June 2013 (\"Admission\"). Upon Admission, the new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.\n \nFollowing the allotment, Microsaic has 52,508,376 Ordinary Shares in issue. \n \nTwo of the Company Directors' interests in the Ordinary Shares of the Company have increased as a result of this allotment: \n \n\n\n\n\nDirector\n\n\nInterest in Ordinary Shares newly allotted to SIP\n(number of shares)\n\n\nTotal interest in Ordinary Shares\n(number of shares)\n\n\nTotal interest as a percentage of enlarged issued capital\n\n\n\n\nJames Ramage\n\n\n4,687\n\n\n261,190\n\n\n0.50%\n\n\n\n\nMalcolm Bateman\n\n\n4,687\n\n\n36,664\n\n\n0.07%\n\n\n\n\n \n \nContacts\n \n\n\n\n\nMicrosaic Systems\nColin Jump, CEO\n \n\n\nVia Citigate Dewe Rogerson\n\n\n\n\nNumis Securities Limited \nStuart Skinner (Nominated Adviser)\nJames Serjeant (Broker)\n \n\n\n+44 (0)20 7260 1000\n\n\n\n\nCitigate Dewe Rogerson \nMark Swallow, Malcolm Robertson, Chris Gardner\n \n\n\n+44 (0)20 7282 2948/2867\n \n\n\n\n\n \nAbout Microsaic Systems\n \nMicrosaic Systems develops and sells chip-based scientific instruments for the chemical identification of substances. The Company's products are based on the 'gold-standard' scientific technique of mass spectrometry.\n \nMicrosaic Systems has developed a miniaturised mass spectrometer based on its patented, chip-based technologies (ionchip®, spraychip® and vac-chip™), that is smaller, lighter, quieter, more energy efficient and cheaper to run than conventional mass spectrometer systems.\n \nMass spectrometry is used across many industry sectors, including government, en...