Knowledge Technology Solutions PLC
20 May 2004
Knowledge Technology Solutions Plc
Statement re: Possible Placing
Following recent press comment, Knowledge Technology Solution PLC ('the
Company') is required under the AIM Rules to announce that it is in the final
stages of completing a fundraising of approximately £2 million via an
institutional placing of new ordinary shares.
The proceeds from such a placing will be used to:
- Accelerate the roll-out of MarketTerminalTM, the international live
financial news and data service, which has been launched today; and
- Strengthen the Company's working capital position.
A further announcement in relation to the placing will be made in due course.
This information is provided by RNS
The company news service from the London Stock Exchange