Issue of new ordinary shares

RNS Number : 1067Y

The MedicX Fund Limited

27 August 2009

 



For Immediate Release                                                                            27 August 2009

MedicX Fund Limited

('MedicX Fund', 'the Fund' or 'the Company')

Issue of new ordinary shares

MedicX Fund Limited (the 'Company') announces that earlier today it issued for cash 1,800,000 new ordinary shares of no par value in the Company (the 'New Shares'). The issue price per share (before expenses) is 70 pence.

The net proceeds will be used in further pursuing the investment objectives of the Company.

The New Shares will be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange's main market for listed securities pursuant to the block listing application announced by the Company on 26 June 2008.

Following this issue, the Company has 103,171,215 ordinary shares in issue.

For further information, please contact:

MedicX Fund Limited

David Staples, Chairman                                       [phone]

MedicX Group

Keith Maddin, Chairman

Mike Adams, Managing Director                              [phone]

Buchanan Communications

Charles Ryland/Miranda Higham/Mary-Jane Johnson    [phone]

 

END

 

 

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