Result of Open Offer

RNS Number : 8868W

Aminex PLC

05 August 2009

 



Aminex PLC ("Aminex" or "the Company")

Result of Open Offer

Following a 1 for 8 Open Offer announced by Aminex on 30 June 2009 (the "Open Offer") which closed at 11.00 a.m. on 4 August 2009, the Company announces that applications have been received for 37,015,189 New Ordinary Shares and accordingly the Open Offer was oversubscribed by approximately 22.3%. All entitlements will be met and excess applications will be scaled back pro rata. Consequently, the maximum number of 30,266,841 Open Offer Shares will be issued under the Open Offer.

Application has been made to the Irish Stock Exchange and to the UK Listing Authority for 30,266,841 New Ordinary Shares to be issued pursuant to the Open Offer to be admitted to the Official List of the Irish Stock Exchange and the Official List maintained by the UK Listing Authority. Application has also been made to the Irish Stock Exchange and the London Stock Exchange for admission of such New Ordinary Shares to trading on their respective main markets for listed securities. It is expected that admission will become effective and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 10 August 2009.

Unless otherwise defined, capitalised terms in this announcement have the same meaning as in the Prospectus dated 17 July 2009.

Commenting, Aminex chairman Brian Hall said:  "We are very pleased with the strong interest expressed in the Open Offer which, together with the placing announced on 30 June, will put Aminex in a strong position going forward".

For further information:
Aminex
Brian Hall, Chairman	Tel: [phone]
Davy
Eugenée Mulhern / Brian Garrahy	Tel: [phone]
Astaire Securities
Jerry Keen / Shane Gallwey	Tel: + 44 (0) 20 7448 4492
Pelham Public Relations
Archie Berens	Tel: [phone]

J&E Davy (''Davy'') (which is regulated in Ireland by the Irish Financial Services Regulatory Authority) and Astaire Securities plc (''Astaire Securities") (which is regulated in the UK by the Financial Services Authority) are acting exclusively for Aminex in connection with the requirements of the Open Offer and for no one else and will not be responsible to any other person for providing the protection afforded to customers of Astaire Securities or Davy respectively nor for providing advice in connection with this announcement.

The distribution of this announcement may be restricted by law. No action has been taken that would permit the possession or distribution of this announcement in any jurisdiction where action for that purpose is required.

 

END

 

 

MSCPIMMTMMIMTPL