Business
Dealings on AIM
Dealings on AIM.
About this update from Synergia Energy Ltd
[{"type":"text","content":"\n Plastics Capital PLC\n06 December 2007\n\n\nFor Immediate Release 6 December 2007\n\n\n Plastics Capital plc\n ('Plastics Capital' or the 'Company')\n\n\n DEALINGS ON AIM\n FOLLOWING FOURTH ADMISSION\n\n\nPlastics Capital, the consolidator of plastics products manufacturers focused on\nproprietary products for niche markets, today announces that dealings have\ncommenced in 15,889,998 Ordinary Shares, representing the Consideration Shares\nand the Non-VCT Qualifying Shares, following Fourth Admission to AIM.\n\nThe total sum of all four Admissions amounts to 26,850,000 Ordinary Shares which\nat the Placing Price of 100 pence per Share gives the Company a market\ncapitalisation of £26.85 million.\n\n\nPlastics Capital Trading Limited and its subsidiaries (the 'Group') have today\nbeen acquired by the Company following Fourth Admission in accordance with the\nterms of the Share Exchange Agreement.\n\n\nPlastics Capital appears under the EPIC code 'PLA'.\n\n\nCharles Stanley Securities, a trading division of Charles Stanley & Co. Limited\n('Charles Stanley'), is acting as Nominated Adviser and Broker to Plastics\nCapital.\n\n\nUnless otherwise specifically defined in this announcement terms defined in the\nAdmission Document have the same meanings when used in this announcement.\n\n\nFor further information, please contact:\n\n\nPlastics Capital plc Tel: 0207 326 8423\nFaisal Rahmatallah, Chairman\nNick Ball, Finance Director\n\n\nCharles Stanley Securities Tel: 0207 149 6000\nNominated Adviser & Broker\nPhilip Davies\nCarl Holmes\n\n\nBuchanan Communications Tel: 0207 466 5000\nRichard Darby\nSusanna Gale\nChristian Goodbody\n\n\nImages can be found at www.fovea.tv\n\n\n\nNotes to Editors:\n\n\nPlastics Capital plc has today acquired the Group pursuant to the Share Exchange\nAgreement.\n\n\nPlastics Capital Trading Limited is a consolidator of plastics products\nmanufacturers focused on proprietary products for niche markets. The Group has\nfive factories in the UK, an assembly operation in Thailand and sales offices in\nthe US and Japan. Approximately 70 per cent. of sales are exported to countries\nworldwide. Production is concentrated in the UK where significant engineering\nknow-how and automation underpins the Group's competitiveness. The Group has 250\nemployees.\n\n\nFurther information can be found on www.plasti...