Exercise of Warrants
January 29 2009 - 12:06PM
UK Regulatory
TIDMTED
RNS Number : 4940M
Tepnel Life Sciences PLC
29 January 2009
Tepnel Life Sciences plc ('Tepnel' or 'the Company')
Exercise of Warrants
Manchester, UK, 29 January 2009: Tepnel Life Sciences PLC (AIM: TED), the
international Molecular Diagnostics and Research Products & Services group,
today announces that the Board of Directors approved the issue of 110,725 new
Ordinary Shares of 1 pence each in connection with the exercise of warrants at
an exercise price of 8.05 pence per share.
Application has been made by the Company for the 110,725 new Ordinary Shares to
be admitted to the AIM market. It is expected that Admission will become
effective and that dealings on AIM will commence on 4 February 2009.
Following admission to AIM of the new Ordinary Shares, the total number of
Ordinary Shares in issue will be 239,051,526.
-End-
For further information:
Tepnel Life Sciences plc
Ben Matzilevich, CEO
Michael Slater, Group Finance Director
Carol Smith, Group Marketing Communications Manager
Tel: 0161 946 2200
Capital MS&L
Mary Clark or Catie Corcoran
Tel: +44 20 7307 5330
Seymour Pierce Limited
Mark Percy
Tom Sheldon
Christopher Wren
Tel: +44 20 7107 8000
About Tepnel Life Sciences plc
Tepnel Life Sciences (AIM:TED) is a UK-based international life sciences
products and services Group with two divisions, Molecular Diagnostics and
Research Products & Services. The Company has laboratories, manufacturing and
operations in the USA, UK and France with over 200 employees. Tepnel provides
test kits, reagents and services to two highly synergistic markets, these being
Molecular Diagnostics and Biomedical Research. The Company's strategy has been
to identify high growth niche opportunities within these multi-billion pound
markets. Tepnel focuses on these niche operations with internally developed
products, patents, expertise and know-how as well as strategic acquisitions, to
develop a leadership position within these defined market segments. For more
information please visit www.tepnel.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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