PipeHawk PLC
11 February 2004
This announcement replaces that released on Wednesday 11 February 2004 under RNS
number 2543V in which it was stated that the Company had raised £250,000 before
expenses under a placing. This should have read the Company raised £550,000
before expenses. All other text remains the same.
PIPEHAWK PLC
ISSUE OF EQUITY
The Company is pleased to announce the completion of a placing of 2,156,863
ordinary shares at a price of 25.5p raising £550,000 before expenses, and the
simultaneous conversion of debts amounting to £14,500 into 56,863 ordinary
shares also at a price of 25.5p. Application has been made for the total number
of 2,213,726 ordinary shares to be traded on AIM and admission is expected on 17
February 2004.
This information is provided by RNS
The company news service from the London Stock Exchange