Investee Company Admitted to PLUS
April 21 2009 - 8:03AM
UK Regulatory
TIDMEVOL
RNS Number : 9150Q
Evolve Capital PLC
21 April 2009
Evolve Capital Plc ("Evolve")
Admission of Investee Company to Trading on PLUS-Quoted Market
The directors of Evolve are pleased to announce that 3D Diagnostic Imaging Plc
("3D" or the "Company"), a company in which Evolve has invested some GBP528,000
as a part of a larger GBP2 million fundraising, has today been admitted to
trading on the PLUS-quoted market with a market capitalisation of GBP6.855
million.
Following admission Evolve holds 40,639,286 shares in the Company, equivalent to
41.5% of its issued share capital.
The Company's wholly owned subsidiary, Cariescan Ltd, is based in Dundee and
markets an innovative and highly accurate hand-held device for the early
detection and monitoring of tooth decay (dental caries).
Oliver Vaughan, Evolve's Chairman commented:
"We are pleased with the successful outcome of the fundraising for the Company,
which was project managed by Whim Gully Capital, and with its admission onto
PLUS, which is a market that we are very supportive of. We are also pleased to
have had the support of Scottish Enterprise who have invested GBP1 million into
the Company."
A copy of the Company's admission document is available on
www.plusmarketsgroup.com and further information on the Company can be found at
www.cariescan.com.
Enquiries:
Evolve Capital PLC
Edward Vandyk Tel: 020 7937 4445
Fairfax I.S. PLC, Nominated Adviser
Jeremy Porter Tel: 020 7598 5368
This information is provided by RNS
The company news service from the London Stock Exchange
END
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