Issue of Equity
July 21 2009 - 10:53AM
UK Regulatory
TIDMRAM
RNS Number : 0441W
RAM Investment Group PLC
21 July 2009
FOR IMMEDIATE RELEASE21 July 2009
RAM INVESTMENT GROUP PLC
("RAM" or the "Company")
ISSUE OF EQUITY
The Board of RAM Investment Group Plc ("RAM") announces that, today, it has
placed 285,714 new ordinary shares of 1p each at a price of 7p per share to
raise GBP20,000 in cash before expenses. The proceeds of placing will be used
for general working capital purposes.
In addition, the Company has issued 19,643 new ordinary shares of 1p each at a
price of 7p in as part of a redundancy payment to a former RAM employee.
Application will be made for 305,357 new Ordinary Shares in RAM, which, when
issued will rank pari passu with the existing Ordinary Shares in issue, to be
admitted to trading on AIM. The new Ordinary Shares are expected to begin
trading on AIM on 27 July 2009.
For further information please call:
Tim Baldwin RAM investment Group Plc0207 518 4337
Roland CornishBeaumont Cornish Limited0207 628 3396
Monisha Varadan Rivington Street Corporate Finance Limited 0207 562
3389
This information is provided by RNS
The company news service from the London Stock Exchange
END
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