THIS PRESS RELEASE IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO US PERSONS (AS DEFINED BELOW) OR IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
This press release is not an admission document. This press release does not constitute or form a part of, and should not be construed as, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in Spectra Systems Corporation nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. This press release does not constitute a recommendation regarding any securities. Any investment decision must be made exclusively on the basis of the final admission document to be issued in connection with the placing and the admission to AIM.
This press release may not be published, distributed or transmitted, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia). This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in or into the United States or to or for the account or benefit of US Persons (as defined under Regulation S under the Securities Act) unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Hedging transactions involving the securities may not be conducted unless in compliance with the Securities Act. No public offering of the securities is being made in the United States and the information contained herein does not constitute an offering of securities for sale in the United States, Canada, Australia, Japan or the Republic of South Africa or in any other jurisdiction in which such offering would be unlawful.
Press Release |
01 August 2011 |
Spectra Systems Corporation
("Spectra Systems" or the "Company")
Shareholder Notifications
The Company confirms today that it has received notifications from the following shareholders of the Company:
Investec Asset Management gave notice on 28 July 2011 that it had subscribed for 3,320,059 common shares in the placing which completed on 25 July 2011 (the "Placing"), and purchased a further 59,941 common shares on 25 July 2011. Accordingly, Investec Asset Management now holds 3,380,000 common shares representing 7.46% of the total issued share capital of the Company.
Artemis UK Smaller Companies gave notice on 28 July 2011 that it had subscribed for 2,656,047 common share in the Placing, and accordingly now holds 2,656,047 common shares representing 5.87% of the total issued share capital of the Company.
Blackrock UK Smaller Companies Fund gave notice on 28 July 2011 that it had subscribed for 2,263,269 common shares in the Placing and accordingly now holds 2,263,269 representing 5.00% of the total issued shares in the Company and Blackrock Inc gave notice on 28 July 2011 that as a consequence of subscriptions by Blackrock Investment Management (UK) Limited and Blackrock Smaller Companies Funds its total indirect holding in the Company was 4,448,880 representing 9.83% of the total issued share capital of the Company.
Finally, in accordance with AIM Rule 17, the Company is also aware of the following, additional significant shareholders in the Company as a consequence of the Placing:
Standard Life Investments subscribed for 2,656,047 common shares representing 5.87% of the total issued share capital of the Company and Hargreave Hale subscribed for 1,660,030 common shares representing 3.67% of the total issued share capital of the Company.
For further information
Spectra Systems Corporation |
|
Dr. Nabil Lawandy, Chief Executive Officer |
Tel: +44 (0) 20 7398 7702 |
|
WH Ireland Limited |
|
Chris Fielding (Head of Corporate Finance) |
Tel: +44 (0) 20 7220 1650 |
Katy Mitchell (Director, Corporate Finance) |
Tel: +44 (0)161 819 8875 |
|
Media enquiries:
Abchurch Communications Limited |
|
Henry Harrison-Topham / Oliver Hibberd |
Tel: +44 (0) 20 7398 7702 |
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