Results of General Meeting
February 28 2008 - 9:50AM
UK Regulatory
RNS Number:9968O
Nipson Digital Printing Systems PLC
28 February 2008
For Immediate Release 28 February 2008
NIPSON DIGITAL PRINTING SYSTEMS PLC ("Nipson" or "the Company")
ISSUE OF 5 PER CENT. UNSECURED CONVERTIBLE LOAN NOTES AND RESULTS OF
A GENERAL MEETING
At the General Meeting held earlier today all the Resolutions necessary to issue
the 5 per cent. unsecured convertible Loan Notes ("Loan Notes") were duly
passed.
The Company has received subscriptions in excess of the minimum value required
for the issue of the Loan Notes and will make a further announcement on or
around 15 March 2008 when the Loan Notes subscription period will close.
The Directors believe that this funding secures the financing of the Group to
enable it to take advantage of the opportunities provided by the potential
increase in the Group's business and which is required to address its present
working capital requirements.
Ends
Contacts
Nipson Digital Printing Systems PLC
Robert Cahill, Group Finance Director +33 (0) 384 545 250
Beaumont Cornish Limited
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
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