Issue of Equity
April 13 2010 - 10:16AM
UK Regulatory
TIDMMEDI
RNS Number : 1246K
Medilink-Global UK Limited
13 April 2010
13 April 2010
MediLink-Global UK Limited
("MediLink" or the "Company")
Issue of Equity
MediLink-Global UK Limited, the electronic healthcard network service provider,
is pleased to announce that it has raised GBP 321,198 (before expenses) through
the placing of 1,784,433 new ordinary shares of 5 pence each in the Company (the
"Placing Shares") at a price of 18 pence per share (the "Placing"). The net
proceeds of the Placing will be used for general working capital purposes and to
develop MediLink's Chinese operations.
The Placing Shares will rank in full for all dividends or other distributions
hereafter declared, made or paid on the ordinary share capital of the Company
and will rank pari passu in all other respects with all other ordinary shares in
issue. The Placing Shares will represent approximately 1.7% of the enlarged
issued share capital of the Company.
The Placing has been carried out within the Company's current share authorities
and application will be made to the London Stock Exchange for the Placing Shares
to be admitted to trading on AIM ("Admission"). It is expected that Admission
will take place on or around 19 April 2010. On Admission there will be
105,650,280 ordinary shares of 5 pence each in the Company in issue.
For further information please contact:
+--------------------------------------+---------------------------+
| MediLink-Global UK Limited | Tel: + 603 2296 3028 |
| Shia Kok Fat, Chief Executive | |
| Officer | |
| www.medilink-global.com | |
+--------------------------------------+---------------------------+
| | |
+--------------------------------------+---------------------------+
| Allenby Capital Limited | Tel: +44 (0)20 3328 5656 |
| Nick Athanas/James Reeve | |
+--------------------------------------+---------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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