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Issue of Equity

7th Oct 2008 07:00

RNS Number : 2191F
SerVision plc
07 October 2008
 

SerVision plc

07 October 2008

SerVision Plc

Issue of Equity

SerVision Plc, the AIM quoted developer and manufacturer of digital security systems, is pleased to announce that it has completed a placing of 5,107,853 new ordinary shares at 20p per share, raising £1,021,570. Of this sum the Company has received £924,214 with the balance to be paid by 25.12.08. The total proceeds will be used for general working capital purposes.

Application has been made for the 5,107,853 new ordinary shares, which will be issued paid up and rank pari passu with all existing Ordinary Shares, to be admitted to trading on AIM and it is expected that such admission will be effective as of 8a.m. on Monday 13 October 2008.

For further information see www.servision.net or contact:

SerVision plc

+972 2535 0015

Eitan Yanuv, Finance Director

HB Corporate

020 7510 8598

Imran Ahmad/Rory Creedon

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