Sopheon PLC
16 June 2003
Embargoed Release: 0700hrs 16/06/03
SOPHEON PLC
('Sopheon' or 'the company')
PLACING OF 4,500,000 ORDINARY SHARES
Sopheon has today placed a total of 4,500,000 ordinary shares at 12p per share
to raise £540,000 (before expenses) of working capital for the Company. The
shares are expected to be admitted to trading on AIM on 18th June 2003.
Notes to Editors
Sopheon
Sopheon (LSE:SPE) is an international provider of software tools, experts and
content that help organizations improve the business impact of product
development. Sopheon serves nearly half of the technology-driven companies on
the Fortune 500, enabling them to achieve higher, faster return on innovation
and product development investments through technology and human-based decision
support. The company's products and services include its flagship Accolade(R)
product development system, the award-winning Teltech.com(R) Web-based research
portal for technical and business professionals, and Organik(R) expertise-sharing
software. Sopheon is listed on the AIM market of the London Stock Exchange and
on the Euronext in the Netherlands. For more information, please visit
www.sopheon.com.
For further information contact :
Barry Mence, Sopheon plc Tel : + 44 (0)1483-883000
Chairman
Arif Karimjee, CFO Sopheon plc Tel : + 44 (0)1483-883000
Adam Reynolds/Andrew Hansard Tel : + 44 (0)207-245-1100/07957
Tan Communications 203 685
Barbara Jansen Citigate First Tel : + 31 (0)205-754010
Financial
This information is provided by RNS
The company news service from the London Stock Exchange
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