Knowledge Technology Solutions PLC
7 March 2002
FOR IMMEDIATE RELEASE
Knowledge Technology Solutions PLC ('KTS')
7 March 2002
Exercise of Warrants
Knowledge Technology Solutions PLC ('KTS') announce that, pursuant to an
exercise date of 5 March 2002, subscription rights in respect of 100,000
Warrants have been exercised by Loeb Aron & Co. Limited representing 100,000
subscriptions for Ordinary Shares of 0.1 pence each at the Warrant exercise
price of 5.625p per Ordinary Share. This has raised £5,625 of additional working
capital for the Company.
Application has been made for 100,000 Ordinary Shares to be admitted to trading
on the Alternative Investment Market of the London Stock Exchange. These Shares
will rank pari passu in all respects with the existing Ordinary Shares in issue
and dealings in such shares are expected to commence on 14 March 2002.
ENDS
7 March 2002
Further Enquiries:
Dr Marc Pinter-Krainer
CEO, Knowledge Technology Solutions 020 8795 2700
Roland Cornish
Beaumont Cornish, Nominated Advisors 020 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
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