TIDMADID TIDMADIS 
 
RNS Number : 6196W 
Armor Designs, Inc. 
31 July 2009 
 
 
 
+------------------------------------+------------------------------------+ 
|                                    |                       31 July 2009 | 
+------------------------------------+------------------------------------+ 
 
 
Armor Designs, Inc. 
Market Update 
 
 
 
 
Armor Designs Inc., the developer of next generation composite armour, wishes to 
update the market on the fundraising announced on 19 June 2009. 
 
 
At the time the Company announced that it had raised US$2.5 million by way of a 
private placement of 166,667 common shares at a price of US$15 per share. At the 
same time the Company announced that it would seek admission to trading of these 
shares on 26 June 2009. On 29 June 2009 these shares were admitted to trading on 
AIM. The Company wishes to announce that as of today the funds from the issue of 
66,667 common shares (i.e. 0.25% of the total issued share capital of the 
Company), representing US$1 million have not been received. 
 
 
While the Company does not doubt that it will receive the outstanding funds from 
this placee, who is an existing shareholder, it wishes to cancel the admission 
to trading of these shares until such time as the funds have been received. 
 
 
Dr. James A. St. Ville, chairman of Armor Designs, Inc., said: "Notwithstanding 
the above I believe that the Company continues to be well-placed to raise 
further equity funding." 
 
 
 
 
 
 
For further information: 
+-------------------------------------------+----------------------------+ 
| Armor Designs, Inc.                       |                            | 
+-------------------------------------------+----------------------------+ 
| Dr James St Ville                         |       Tel: +1 602 275 4633 | 
+-------------------------------------------+----------------------------+ 
| James.St.Ville@armordesigns.com           |       www.armordesigns.com | 
+-------------------------------------------+----------------------------+ 
 
 
Nominated advisor: 
+-------------------------------------------+----------------------------+ 
| Zimmerman Corporate Finance Ltd           |                            | 
+-------------------------------------------+----------------------------+ 
| Thilo Hoffman                             |  Tel: +44 (0) 20 7398 2900 | 
+-------------------------------------------+----------------------------+ 
| thiloh@zimmint.com                        |            www.zimmint.com | 
+-------------------------------------------+----------------------------+ 
 
 
Media enquiries: 
+-------------------------------------------+----------------------------+ 
| Brunswick Group LLP                       |                            | 
+-------------------------------------------+----------------------------+ 
| Michael Harrison/ Chris Blundell /        |  Tel: +44 (0) 20 7404 5959 | 
| Camilla Gore                              |                            | 
+-------------------------------------------+----------------------------+ 
| adi@brunswickgroup.com                    |     www.brunswickgroup.com | 
+-------------------------------------------+----------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCCKKKDKBKBCON
Armor Des Regs (LSE:ADIS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Armor Des Regs Charts.
Armor Des Regs (LSE:ADIS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Armor Des Regs Charts.