25th Feb 2015 09:30
25 February 2015
LIGHTWAVERF PLC
(AIM: LWRF)
Issue of New Equity
LightwaveRF plc ("LightwaveRF Plc" "the Company"), the creator of the LightwaveRF Smart Home Platform and products for the Internet of Things enabling households and businesses to remotely operate and control household applications including lighting, power, heating and security using smartphones, tablets, PC and MAC applications, today announces that, in order to assist liquidity and to meet market demand, the Company has agreed a placing and subscription of 494,286 New Ordinary Shares at a price of 40 pence per share to raise approximately £197,000 before expenses.
Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective at 8.00 a.m. on 2 March 2015.
Contacts: | |
LightwaveRF Plc | www.lightwaverf.com |
Mike Lord, Chairman and CEO | +44 (0) 1902 500 562 |
WH Ireland Limited | www.wh-ireland.co.uk |
Mike Coe, Ed Allsopp (Corporate Finance) | +44 (0) 117 945 3470 |
Jasper Berry (Institutional Sales) | +44 (0) 207 220 1690 |
Related Shares:
LWRF.L