12th Oct 2007 15:33
Cosalt PLC12 October 2007 Cosalt plc("Cosalt" or "the Company") Completion of the Proposed Acquisition of GTC Holdings Limited and RelatedPlacing and Open Offer of 7,717,060 New Ordinary Shares at 330 pence per share Cosalt announces that, following the Admission earlier today of 9,838,272 NewOrdinary Shares to the Official List of the UK Listing Authority and to tradingon the London Stock Exchange's market for listed securities becoming effective,the acquisition of GTC Holdings Limited has now been successfully completed. The ISIN of the New Ordinary Shares is GB00B27WRB29. The definitions used in this announcement shall have the same meaning given tothem in the Prospectus published by the Company dated 18 September 2007. Enquiries: 12 October 2007 CosaltPer Jonsson, Chief ExecutiveNeil Carrick, Finance Director 01472 504 504 Noble Grossart LimitedGuy Stenhouse 0131 226 7011 College HillMatthew GregorowskiMark Garraway 020 7457 2020 Noble Grossart, which is authorised and regulated in the United Kingdom by theFinancial Services Authority for designated investment business, is actingexclusively for Cosalt plc and for no one else in relation to the Acquisitionand the Placing and Open Offer and will not be responsible to anyone other thanCosalt plc for providing the protection afforded to clients of Noble Grossart orfor giving advice in relation to the Acquisition, the Placing and Open Offer, orany other matter referred to in this document. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CSLT.L