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Issue of Equity

20th Dec 2006 07:01

K3 Business Technology Group PLC20 December 2006 Issue of Equity K3 Business Technology Group PLC ("K3" or the "Company") announces that pursuantto Section 95 of the Companies Act 1985 and conditional on admission to tradingon AIM, it has placed 196,552 ordinary Shares of 25 pence each ("Shares") withan institutional investor at a price of 116p per Share. The proceeds of theissue will further strengthen the balance sheet. Admission to trading on AIM isexpected on Friday 22 December 2006. For the Purposes of the Rule 2.10 of the City Code, following Admission theCompany will have 19,487,271 Shares in issue with ISIN GB00B00P6061. This information is provided by RNS The company news service from the London Stock Exchange

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K3 Business Technology Group
FTSE 100 Latest
Value8,835.63
Change25.89