Ingenta PLC
02 July 2004
Ingenta PLC ('Ingenta' or 'Company')
Placing and Director's Dealings
Ingenta has today placed 6,666,667 new ordinary shares of 5p each in the Company
through Collins Stewart with institutional investors at 7p per share to raise
£467,000 in order to fund expenses incurred in connection with an aborted
acquisition and provide additional working capital, conditionally on listing
being granted.
The new shares represent approximately 5 per cent, of the Company's issued share
capital prior to the placing. When issued, the new ordinary shares will rank
pari passu in all respects with the Company's existing ordinary shares.
Following the placing the Company will have a total of 141,204,120 ordinary
shares in issue.
Application has been made for the new ordinary shares to be admitted to the
Alternative Investment Market ('AIM') and is expected to become effective at
8.00 am on 7 July 2004.
In addition, all the directors of Ingenta have today acquired Ingenta shares in
the market through the Company's brokers totaling in aggregate 1,428,572 shares
at 7p per share.
2 July 2004
This information is provided by RNS
The company news service from the London Stock Exchange