RAM Ram Active

 

TIDMRAM 
 
RNS Number : 8337Q 
RAM Investment Group PLC 
20 April 2009 
 

FOR IMMEDIATE RELEASE 20 April 2009 
 
 
 
 
RAM INVESTMENT GROUP PLC 
("RAM" or the "Company") 
 
 
RAM INVESTMENT GROUP PLC COMPLETES SHARE SWAP TRANSACTION WITH CECUNET PLC 
 
 
 
 
The board of RAM Investment Group Plc ("RAM") announces that, today, it has 
completed the purchase of an investment holding in CECEUNET Plc ("CECEUNET"). 
 
 
The Company has purchased of 1,000,000 ordinary shares in CECEUNET at a price of 
3p per share in consideration for the issue of 428,571 new Ordinary Shares in 
RAM at a price of 7p. CECEUNET is provider of "top-up" mobile-based payment 
services to consumers in the Henan/Guangdong Provinces and Beijing City in 
China. CECEUNET's latest annual report and accounts for the year ended 30 June 
2008 showed a loss of EUR(63,611) and Net Assets of EUR19,772,000. 
 
 
This will have the effect of increasing the Current Asset investments held by 
RAM by GBP30,000. 
 
 
Application has been made for the 428,571 new Ordinary Shares, which will rank 
pari passu with the existing Ordinary Shares, to be admitted to AIM and trading 
is expected to commence on 24 April 2009. 
 
 
 
 
For further information please call: 
 
 
Tim Baldwin   RAM investment Group plc                       020 7518 4337 
 
 
Roland CornishBeaumont Cornish Limited                        0207 628 3396 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCIMMBTMMJTBPL 
 

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