Issue of Equity

RNS Number : 6094D

Physiomics PLC

04 December 2009

 



Physiomics plc

("Physiomics" or the "Company")

Completion of Second Placing

Further to the announcement of 30 November 2009, the Company confirms it has completed a further placing, through WH Ireland Limited, to raise £75,000 from the issue of 18,750,000 new ordinary shares of 0.04p each ("Ordinary Shares") at a price of 0.4p per share (the "Placing"). Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 11 December 2009. 

Following the Placing, the number of Ordinary Shares in issue will increase to 863,570,699.

The funds raised from the Placing will be used for working capital purposes.

Enquiries:

Physiomics plc                                                   

Dr Christophe Chassagnole, COO 

[phone]

WH Ireland Limited

Katy Mitchell

[phone]

 

END

 

 

IOEEAFALELKNFFE