Placing of shares
November 06 2007 - 4:26AM
UK Regulatory
RNS Number:0927H
Zyzygy PLC
06 November 2007
Zyzygy plc ("Zyzygy" or the "Company")
Placing of shares
The directors of Zyzygy plc today announce that they have placed a total of
66,666,667 Ordinary Shares of 0.1p each at a price of 0.3p per share.
The shares have been issued to Billam AG in respect of monies owed by the
Company to Billam AG for providing financial and advisory support to the Company
and its investee companies over the last 12 months.
Billam AG's resultant holding is as follows:
Number of Resultant Percentage of total
shares holding voting rights
subscribed (881,658,666 shares)
Billam AG 66,666,667 140,666,667 15.95%
Application is being made for the shares to be admitted to trading on AIM with
admission expected to take place on Wednesday 7 November 2007.
Contact:
Zyzygy plc
Duncan Lipscombe (Chairman)
07775 681648
Grant Thornton Corporate Finance
Philip Secrett/Colin Aaronson
020 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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