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Issue of Equity

26th Nov 2008 16:59

RNS Number : 0268J
SimiGon Limited
26 November 2008
 



SimiGon Limited ("the Company")

Issue of new Ordinary Shares

Application has been made today for 374,240 ordinary shares of 0.01 NIS each in the Company ("Ordinary Shares") to be admitted to trading on the AIM market of the London Stock Exchange.

The new Ordinary Shares are being issued to the Company's bank as part of the loan agreement terms with respect to one million Dollar loan.

The new Ordinary Shares rank pari passu with the Company's existing Ordinary Shares and admission is expected to become effective on 3 December 2008.

Following admissionthe Company will have 37,804,194 Ordinary Shares in issue.

26 November 2008

Enquiries:

SimiGon Limited

Haim Yatim

+97 299 561 777

Evolution Securities

Jeremy Ellis

+44 207 071 4300

This information is provided by RNS
The company news service from the London Stock Exchange
 
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