Business
Issue of Equity
Issue of Equity.
About this update from T42 Iot Tracking Solutions Plc
[{"type":"text","content":"\n Traction Technology PLC\n03 April 2007\n\n\n\n\n\n\nFOR IMMEDIATE RELEASE 3 April 2007\n\n\n\n\n\n TRACTION TECHNOLOGY PLC ('Traction' or 'the Company')\n\n\n Issue of Equity to Adviser\n\n\n\nThe Company announces that pursuant to the agreement which was referred to in\nthe Admission Document of 18 December 2006, 71,428 new ordinary shares of 3p\neach ('the Adviser Shares') will be issued to satisfy £20,000 of the corporate\nfinance fee payable to Beaumont Cornish Limited.\n\n\nThe Adviser Shares will rank, pari passu, with all existing ordinary shares and\napplication has been made for them to be admitted to trading on AIM.\n\n\nContact: Nicholas Brayshaw, Chairman, Traction Technology Plc\n\n+44 (0) 1403 791392\n\n\nRoland Cornish, Beaumont Cornish Limited\n\n+ 44 (0) 207 628 3396\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1038,"tagName":"div"}]