16th Mar 2005 11:40
Turbo Genset Inc.16 March 2005 Additional Listing Application has been made to the UK Listing Authority and to the London StockExchange for admission to the Official List and admission to trading of10,549,997 Common Shares. The Common Shares will be ranking pari passu in allrespects with the existing Common Shares in issue and are being issued as aresult of the conversion of Convertible Notes having an aggregate principalamount of £1,265,999 which were issued pursuant to the £8,000,000 financingannounced on March 14, 2005. It is expected that admission and dealings will become effective on 17 March2005. For further information, please contact: Turbo Genset Inc Tel: +44 (0) 20 8564 4460United KingdomMichael Hunt, Chief Executive Officer CanadaRichard Kapuscinski, Tel: +1 905 690 1722 Website: www.turbogenset.com Gavin Anderson & Company (PR) Tel: +44 (0) 20 7554 1400 Ken CroninMichael Turner Seton Services Inc (IR) Tel: +44 (0) 20 7727 3073 Toni Vallen NOTES TO EDITORS About Turbo Genset Turbo Genset (LSE/TSX: TGN) develops innovative products for power generationand power conditioning. The Group was established in 1993 as a spin-off fromImperial College, London and was floated on the London Stock Exchange in July2000 and soon after obtained a secondary listing in Toronto.In July 2001, the Group acquired Intelligent Power Systems Limited (I-Power)specialising in power electronics. About Power Electronics Power electronics products take a range of power inputs and condition them toachieve outputs of precisely defined characteristics for applications such asindustrial lasers, Ultra Violet sterilization systems and railway powerelectronics systems. Forward Looking statements This news release contains forward-looking statements. Forward-lookingstatements include statements concerning plans, objectives, goals, strategies,future events, or performance, and underlying assumptions and other statementsthat are other than statement of historical fact. These statements are subjectto uncertainties and risks including, but not limited to, the ability to meetongoing capital needs, product and service demand and acceptance, changes intechnology, economic conditions, the impact of competition, the need to protectproprietary rights to technology, government regulation, and other risks definedin this document and in statements filed from time to time with the applicablesecurities regulatory authorities. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TPS.L