Issue of Equity

RNS Number : 0804T

Pentagon Protection PLC

01 June 2009

 



1 June 2009

Pentagon Protection Plc 
('Pentagon' or 'The Company') 

Pentagon Protection Plc raises £275,000 through a placing of new 
Ordinary Shares 

Pentagon Protection (AIM: PPR), the global specialist in the supply and installation of enhanced glass protection, announces that it has raised £275,000 through a placing of 110,000,000 new Ordinary Shares at a price of 0.25 pence per share. In addition, certain directors of the Company have indicated their intention to subscribe for approximately £25,000 of new Ordinary Shares following the announcement in June of the Company's interim results for the six months ended 31 March 2009.

The proceeds of the placing, raised by Dowgate Capital Stockbrokers, are to be applied for general working capital and business development activities.  

Application has been made for the placing shares to be admitted to trading on AIM and dealings are expected to commence on 4 June 2009

Enquiries: 

Pentagon Protection Plc                                                                              01494 793 333 
Haytham ElZayn, Chairman 

Seymour Pierce                                                                                               020 7107 8000 
Jonathan Wright 

Dowgate Capital Stockbrokers                                                                   020 7492 4799 
Philip Dumas 

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