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Completion of Acquisition and Placing

8th Jul 2010 08:00

RNS Number : 0151P
Marwyn Capital I Limited
08 July 2010
 



FOR RELEASE ON 8 JULY 2010

 

MARWYN CAPITAL I LIMITED (RENAMED FULCRUM UTILITY SERVICES LIMITED (the "Company"))

Completion of the reverse takeover of Fulcrum Group Holdings Limited and £11.0 million fundraising

The Company is pleased to announce the completion of the acquisition of Fulcrum Group Holdings Limited and the Placing of 91,666,667 new Ordinary Shares at a price of 12 pence per share, as announced by the Company on 17 June 2010.

The Existing Shares and the Placing Shares have been admitted to trading on AIM and dealings in the Enlarged Share Capital have commenced.

As announced on 5 July 2010, the Company has changed its name from Marwyn Capital I Limited to Fulcrum Utility Services Limited and its EPIC/TIDM to "FCRM", this change will be effective as of Completion however the name will change on screens as of 12 July 2010.

Enquiries:

Cenkos Securities plc (nominated adviser and broker) +44 (0)20 7397 8900

Beth McKiernan/Stephen Keys

 

Merlin PR +44 (0)20 7726 8400

Toby Bates / Vanessa Maydon

 

Definitions used in this announcement shall have the same meaning as in the Admission Document dated 17 June 2010 unless the context requires otherwise.

A copy of the Admission Document, the Memorandum of Association and Articles of Association is available from the Company's website at www.fulcrumutilityserviceslimited.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares:

FCRM.L
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