Pentagon Protection PLC
06 February 2008
Pentagon Protection PLC
('Pentagon Protection' or the 'Company')
Placing and Additional Listing
Pentagon Protection (AIM : PPR) is pleased to announce that it proposes to raise
£500,000 (before expenses) through a placing of 50,000,000 new ordinary shares
at 1p per share. The placing has been conducted by the Company's broker, Ellis
Stockbrokers, and the net proceeds are to be applied as additional working
capital. Application will be made for the 50,000,000 new ordinary shares to be
admitted to trading on AIM and admission is expected to occur, subject to the
appropriate resolution being passed at the Company's AGM, on 26 February 2008.
Following completion of the placing, for the purposes of the Financial Services
Authority's Disclosure and Transparency Rules, the total number of shares in
issue will be as follows:
Class Nominal Value per share Number in issue Voting rights attached
Ordinary 0.1p 376,418,156 376,418,156
The Company does not hold any shares in treasury.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, Pentagon Protection under the
Disclosure and Transparency Rules.
Enquiries:
Pentagon Protection Plc
Alan Nicholl, Chairman Tel: 01494 793 333
Seymour Pierce
Jonathan Wright Tel: 0207 107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.