Result of GM

RNS Number : 9068I

Scientific Digital Imaging Plc

09 July 2013

 

Scientific Digital Imaging plc

Result of General Meeting

Scientific Digital Imaging plc (AIM: SDI, "SDI" or the "Company"), the AIM quoted group focused on the application of digital imaging technology to the needs of the scientific community, announced on 21 June 2013 that it had conditionally raised approximately £850,000 (before expenses) through a placing of 4,833,334 new ordinary shares of 1p each ("Ordinary Shares") and following the receipt of subscriptions for 833,334 Ordinary Shares ("New Shares") (the "Equity Fundraising"). The issue of the New Shares was conditional, inter alia, on shareholder approval at a general meeting. The Company is pleased to announce that at the general meeting of its shareholders held today all resolutions were passed.

Application has been made to the London Stock Exchange for the New Shares to be admitted to trading on AIM and it is expected that:

(i) Admission will be effective, and dealings will commence in respect of the New Shares to be issued pursuant to the placing at 8:00 a.m. on 10 July 2013; and

(ii) Admission will be effective, and dealings will commence in respect of the New Shares to be issued pursuant to the subscriptions, at 8:00 a.m. on 2 August 2013.

The number of ordinary shares in the Company in issue following the placing, expected 10 July 2013, will be 24,201,576. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

The number of ordinary shares in the Company in issue following the placing and the subscriptions, expected 2 August 2013, will be 25,034,910. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

FOR FURTHER INFORMATION

Scientific Digital Imaging plc	01223 727144
Mike Creedon, Chief Executive
www.scientificdigitalimaging.com
finnCap	020 7220 0500
Ed Frisby/Rose Herbert - Corporate Finance
Simon Starr - Corporate Broking

Note to Editors

Scientific Digital Imaging plc (SDI) is focused on the application of digital imaging technology to the needs of the scientific and technology community. Its principal subsidiary is Synoptics Limited, which designs and manufactures special-purpose instruments for use mainly in the life sciences, supplying customers in the academic, research and health sectors. Within Synoptics, the recently formed Synoptics Health division has launched the Synoptics Health ProReveal system. This patented system offers a highly sensitive fluorescence-based test to detect dirty surgical instruments in hospitals and aims to reduce incidences of cross contamination of patients. In addition, under the Atik brand, SDI designs and manufactures high-sensitivity cameras for both astronomical and life science applications.

 

END

 

 

REGUKURROOABRAR