Immersion Technologies Intl PLC
13 December 2007
13th December 2007
Immersion Technologies International plc
('ITI' or the 'Company')
Issue of Equity
ITI has issued 1,731,645 new ordinary shares as consideration for acquiring the
minority interest in its subsidiary, Immersion Technology International Limited.
Following this acquisition the Company is now the sole owner of the subsidiary.
These new ordinary shares rank parri passu with the Company's existing ordinary
shares of 0.7p each in issue. ITI has made application for admission to trading
on AIM of the 1,731,645 new ordinary shares and trading in the new ordinary
shares is expected to commence on 19th December 2007.
In accordance with the FSA's Disclosure and Transparency Rules, the Company
would like to notify the market of the following:
- As a result of the allotment of the new ordinary share, the
Company's share capital consists of 226,601,259 ordinary shares with voting
rights. The Company holds no shares in treasury.
- Therefore, the total number of voting rights in the Company is
226,601,259.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in the Company under the FSA's
Disclosure and Transparency Rules.
-ends-
Enquiries:
Immersion Technology International plc
Craig Evans / Blair Snowball +44 (0) 20 7016 510
Nabarro Wells & Co. Limited
Hugh Oram / Anthony Rowland +44 (0) 20 7710 7400
Pelham Public Relations
Archie Berens / Hugh Barker +44 (0) 20 7743 6670
St. Helens Capital - Nominated Broker
Ruari McGirr +44 (0) 20 7628 5582
This information is provided by RNS
The company news service from the London Stock Exchange
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