Business
Issue of Equity
Issue of Equity.
About this update from Softcat Plc
[{"type":"text","content":"\n RNS Number : 6534P Screen Technology Group plc 27 March 2009 \n\nScreen Technology Group plc \n\nIssue of Ordinary shares\n\nScreen Technology Group plc (\"Screen Technology\" or the \"Company\") announces that it is issuing 15,151,515 new ordinary shares of 0.01p each (the \"Shares\") representing 6.9 per cent. of the enlarged issued share capital of the Company to GB Innomech Limited (\"GB Innomech\") in connection with a Settlement Agreement dated 25 March 2009 under which Screen Technology will acquire the high speed tile assembly machine manufactured by GB Innomech.\nApplication has been made for the Shares to be admitted to trading on AIM and it is expected that admission will take place on 3April 2009. \nThe Shares will rank pari passu with the existing shares of the Company. Following this issue, the total issued share capital of the Company will increase to 218,823,562 ordinary shares.\n27 March 2009\n\nEnquiries:\n\nScreen Technology Group plc 01353 660250\nChris Hanson, CEO \n\nCharles Stanley Securities 020 7149 6000\n(Nominated Adviser)\nRussell Cook / Carl Holmes \nThis information is provided by RNSThe company news service from the London Stock Exchange END IOEQDLFLKXBZBBQ\n ","length":2286,"tagName":"div"}]