Mondas PLC
23 September 2005
To be embargoed until 7.00am
23 September 2005
Mondas plc ('Mondas' or 'the Company')
Additional Listing
Mondas the AIM quoted specialist provider of software solutions to the banking &
securities and educational markets, announces that Teather & Greenwood Limited,
its broker, has today placed 625,000 new ordinary shares of 10p each at 16p per
share, raising £100,000 before expenses.
The new shares will rank pari passu with the existing ordinary shares of the
Company. Application has been made for the new ordinary shares to be admitted to
trading on AIM and it is expected that admission will become effective and
dealings will commence on 28 September 2005.
Commenting on the placing Jarlath McGee chief executive, said:
'This small placing is specifically designed to allow Mondas to move quickly to
execute acquisitions in accordance with our previously stated strategy of
expansion in our specialist markets. Mondas is currently pursuing a number of
such targets.'
Enquiries:
Mondas:
Jarlath McGee (CEO)
Ian Selby (FD) 020 7392 1300
College Hill:
Matthew Smallwood / Clare Warren 020 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange