Issue of Equity
May 27 2009 - 5:50AM
UK Regulatory
TIDMCLKH
The Clarkson Hill Group plc (the "Company")
Issue of Equity
The Board of the Company announces that it has today signed a conditional
placing agreement for 5,000,000 ordinary shares of 2 pence nominal value at a
price of 4 pence per share, raising GBP200,000 before expenses. The money raised
will provide the Company with additional working capital resources.
Once admitted, the new ordinary shares will rank pari passu with the existing
ordinary shares. The Company today made application for the new ordinary shares
to be admitted to trading on AIM and dealings in the new ordinary shares are
expected to commence on or around 17 June 2009.
Following the issue of equity referred to above the enlarged issued share
capital of the Company will be 28,957,677 shares of 2 pence per share.
Contact
Ron Pritchard, CEO
The Clarkson Hill Group plc
Telephone 01945 585721
Liam Murray / Jo Turner
Dowgate Capital Advisers Limited
Telephone 020 7492 4777
Neil Badger
Dowgate Capital Stockbrokers Limited
Telephone 01293 517744
END
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