Microsaic Systems plc
("Microsaic" or the "Company")
Holding in Company
11 December 2013: Microsaic Systems plc (AIM: MSYS), the developer of chip-based scientific instruments, has been informed that the beneficial interest of A Finlay in the Company's ordinary shares of 0.25 pence reduced by 140,000 shares on 15 November 2013 to 2,074,940 shares, the latter representing 3.95% of the issued share capital of the Company.
Contacts
Microsaic Systems Colin Jump, CEO
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Via Citigate Dewe Rogerson |
Numis Securities Limited Stuart Skinner (Nominated Adviser) James Serjeant (Broker)
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+44 (0)20 7260 1000 |
Citigate Dewe Rogerson Mark Swallow, Malcolm Robertson, Chris Gardner
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+44 (0)20 7282 2948/2867
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About Microsaic Systems
Microsaic Systems develops and sells chip-based scientific instruments for the chemical identification of substances. The Company's products are based on the 'gold-standard' scientific technique of mass spectrometry.
Microsaic Systems has developed a miniaturised mass spectrometer based on its patented, chip-based technologies (ionchip®, spraychip® and vac-chip™), that is smaller, lighter, quieter, more energy efficient and cheaper to run than conventional mass spectrometer systems.
Mass spectrometry is used across many industry sectors, including government, energy, utilities, pharmaceutical, diagnostics and healthcare, environmental, food and drink, security and defence, and industrial chemicals - a combined market of $3 billion in 2012.
Microsaic Systems was established in 2001 by a team including founders from Imperial College London, and was admitted to AIM in April 2011 under the symbol MSYS.