ENF Enfis Group

 

TIDMENF 
 
RNS Number : 2127Q 
Enfis Group PLC 
06 April 2009 
 

 
 
 
Enfis Group plc 
 
("Enfis" or the "Company") 
 
 
Result of General Meeting 
 
 
Placing to raise GBP2 million 
 
 
The Board of Enfis Group plc (AIM: ENF), a leader in the design, development and 
manufacture of intelligent high power light emitting diode (LED) arrays and 
smart light engines, announces that at the General Meeting ("GM") of the Company 
held earlier today all resolutions, as detailed in the circular sent to 
shareholders dated 12 March 2009, were passed. 
As a result, the placing of 5,600,000 new ordinary shares of 10 pence each in 
the capital of the Company at 36 pence per placing share to raise approximately 
GBP2 million (before expenses) has now been completed, subject only to admission 
of the new ordinary shares. The net proceeds of the Placing will be used to, 
inter alia, fund additional working capital and in particular provide additional 
overhead to support the operations of the Company in North America. 
 
 
The new ordinary shares will represent approximately 37.38 per cent. of the 
enlarged share capital. The placing price represents a discount of approximately 
20 per cent. to the closing mid-market price of 45 pence per ordinary share as 
at 11 March 2009, the latest practicable date prior to the announcement of the 
placing. The new ordinary shares will rank pari passu in all respects with the 
existing ordinary shares, including the right to receive dividends and other 
distributions following Admission. 
 
 
Application has been made to the London Stock Exchange for the new ordinary 
shares to be admitted to trading on AIM and it is expected that Admission will 
become effective and that dealings in the new ordinary shares will commence at 
8.00 a.m. on Tuesday 7 April 2009. 
 
 
On Admission there will be 14,982,863 ordinary shares of 10 pence each in the 
Company in issue. 
 
 
For further information please contact: 
 
 
Enfis Group plc                          Tel: 01792 485 660 
Shaun Oxenham, Chief Executive Officer 
Giles Davies, Chief Financial Officer 
 
 
Noble & Company Limited          Tel: 0207 763 2200 
John Llewellyn-Lloyd 
Sam Reynolds 
 
 
Threadneedle Communications    Tel: 020 7653 9850 
Graham Herring 
Josh Royston 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ROMUNVORKBRSRAR 
 

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