2nd Oct 2006 14:00
Henderson Morley PLC02 October 2006 FOR IMMEDIATE RELEASE 2 OCTOBER 2006 HENDERSON MORLEY PLC (AIM) Business: Drug Discovery Company Issue of Equity Henderson Morley plc ("the Company") announces that the Board has, today, issuedand allotted, conditional upon Admission, a total of 60 million new Ordinaryshares through a Placing to investors at a price of 2p per share, raising£1,200,000 for the Company. The total number of shares in issue is now461,928,632. The purpose of this Placing is to provide the Company with working capital tocontinue with its investment and the anticipated commercialisation of its patentportfolio and the ongoing development of ICVT. Application will be made for the new shares to be admitted to AIM and trading inthe new shares is expected to commence as soon as practicable. --ENDS-- Copies of this announcement will be available free of charge to the public atthe Company's registered office at Metropolitan House, 2 Salisbury Road,Moseley, Birmingham, B13 8JS and at the offices of Brewin Dolphin SecuritiesLtd, 34 Lisbon Street, Leeds LS1 4LX for 14 days. Enquiries: HENDERSON MORLEY PLC Tel: 0121 442 4600Andrew Knight, Chairman BISHOPSGATE COMMUNICATIONS LTD Tel: 020 7430 1600Maxine Barnes Mobile: 07860 489571Jenni Herbert BREWIN DOLPHIN SECURITIES LTD Tel: 0113 241 0126Neil Baldwin This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HML.L