9th Apr 2008 10:07
Cashbox PLC09 April 2008 Cashbox plc ("Cashbox" or the "Company") Share Placing Following the announcement of the Interim Results when the Company noted thatarrangements to raise further operating capital were being finalised, theCompany is today announcing that it has arranged a placing of 9,520,000 newordinary shares in the Company at 5p per share raising gross proceeds of£476,000. The placing is being done in two tranches at the request of investors. The firsttranche of 3,700,000 shares was allotted on Friday 4 April 2008 and the Companyhas received binding commitments for the second tranche of 5,820,000 shareswhich it expects to allot this week. This placing raises a further £476,000 of operating capital to supplement thefacility from Bank of Scotland to finance the installation of ATMs under theplacement model where ownership is retained by Cashbox. Application has been made to AIM for 3,700,000 new ordinary shares of theCompany to be admitted to trading and dealings are expected to commence on 15April 2008 and a further application will be made in relation to the remaining5,820,000 new ordinary shares and dealings are expected to commence on 18 April2008. Following the admission of the new ordinary shares, the total number of ordinaryshares of the Company in issue and therefore the total voting rights will be104,367,525. ENDS For further information: Cashbox plcDavid Auger, Chief Financial Officer Tel: +44 (0)1256 441 [email protected] www.cashboxplc.co.uk Seymour Pierce LimitedJonathan Wright Tel: +44 (0)207 107 8000 www.seymourpierce.com Fairfax I.S. PLCEwan Leggat Tel: +44 (0)207 598 5368 www.fairfaxplc.com Media enquiries:Threadneedle CommunicationsJosh Royston / Graham Herring Tel: +44 (0)207 936 9606 www.threadneedlepr.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Cake Box Holdi.