Issue of Equity
January 28 2010 - 2:00AM
UK Regulatory
TIDMTPS
RNS Number : 2295G
Turbo Power Systems Inc
28 January 2010
28 January 2010
Issue of Equity
The Board of Turbo Power Systems ('TPS' or 'the Company'), the innovative power
generation and conditioning equipment supplier, announces that it has applied
for 9,069,769 common shares of no par value ("Common Shares") to be admitted to
AIM.
These shares, ranking pari passu in all respects with the existing shares in
issue, are being issued as a result of the conversion of Convertible Notes
having an aggregate principal amount of GBP195,000 which were issued as part of
the GBP8,000,000 financing announced on March 14, 2005.
It is expected that admission and dealings will become effective at 8.00 a.m. on
4 February 2010.
For further information, please contact:
Turbo Power Systems Inc.Tel: +44 (0)20 8564 4460
Richard Bayliss
Kreab Gavin Anderson (PR)Tel: +44 (0)20 7074 1800
Ken Cronin
Michael Turner
KBC Peel Hunt Ltd (Nominated AdviserTel: +44 (0)20 7418 8900
and Broker)
Daniel Harris
Nicholas Marren
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEKKODNABKDNDB
Turbo Power Systems (LSE:TPS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Turbo Power Systems (LSE:TPS)
Historical Stock Chart
From Jul 2023 to Jul 2024