25th Oct 2007 14:45
LED International Holdings Ltd25 October 2007 LED INTERNATIONAL HOLDINGS LIMITED ("LED International" or "the Company") Issue of Equity LED International, the AIM listed (LED.L) manufacturer of LED screens andrelated products is pleased to announce the placing of 6,843,503 new ordinaryshares of HKD0.1 each with a strategic investor at 3 pence each, raising grossproceeds of £205,305. The proceeds will be used to fund expansion of thebusiness. Application has been made for the new ordinary shares to be admitted to tradingon AIM. The new ordinary shares will rank pari passu with the existing ordinaryshares in the Company and trading of the new ordinary shares on AIM is expectedto commence on 31 October 2007. The total number of ordinary shares in issue following this issue is143,713,568. -ends- For further information: LED International +852 2810 4470Ka Lok Jim Conduit PR +44 20 7429 6609Christian Taylor-Wilkinson Blue Oar SecuritiesJustin Lewis +61 9607 8439 Notes to Editors: Information on LED LED International and its subsidiaries specialise in the development,manufacture and sale of low powered / low maintenance LED screens and other LEDproducts such as outdoor signs, lamps, lighting and building illumination. Thescreens are manufactured in a 'building block' format to a specific design,which allows screens to be assembled to suit a customer's size and definitionspecifications. This design also ensures that the screens are relatively easy to transport andassemble. Based in Hong Kong, the Group's primary market has been the People'sRepublic of China ("PRC"), but it has also supplied end products to Macau, Japanand the USA. Part of the Group's strategy in 2007 is to widen its customer baseto markets outside PRC. The Company listed on AIM, part of the London Stock Exchange, on 23 October2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Led International Holdings