Placing to raise
April 16 2008 - 2:01AM
UK Regulatory
RNS Number:4256S
SectorGuard PLC
16 April 2008
SECTORGUARD PLC
PLACING TO RAISE �0.8 MILLION
SectorGuard Plc, the AIM listed security specialist, is raising �800,000 through
the placing ('the Placing') of 40,000,000 new ordinary shares of 0.5 pence each
in the Company at 2 pence per ordinary share. The money raised will provide
SectorGuard with additional working capital.
The following directors have participated in the Placing as follows:
Name No. of shares No. of shares Percentage of issued share
subscribed in the interested in following capital following the
Placing the Placing Placing
D Marks 10,000,000 47,500,919 12.00%
M Higgins 8,875,000 48,875,000 12.35%
R Weigl 5,000,000 5,000,000 1.26%
Application has been made for the new shares to be admitted to trading on AIM
and it is expected that dealings in these shares will commence on 21 April 2008.
The new ordinary shares will rank pari passu in all respects with the existing
shares in issue.
The issued share capital following the Placing will be 395,850,848 ordinary
shares each with one voting right.
* * ENDS * *
Contacts:
David Marks SectorGuard Plc Tel: 07836 571339
Jonathan Wright Seymour Pierce Limited Tel: 020 7107 8000
Neil Badger Dowgate Capital Stockbrokers Ltd Tel: 01293 517744
Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7242 4477
This information is provided by RNS
The company news service from the London Stock Exchange
END
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